iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Pettinga Financial Advisors LLC

Pettinga Financial Advisors LLC lowered its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,977 shares of the exchange traded fund’s stock after selling 2,519 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for 1.0% of Pettinga Financial Advisors LLC’s investment portfolio, making the stock its 28th largest holding. Pettinga Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,118,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in TLT. McAdam LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 43.9% during the second quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock worth $1,772,000 after purchasing an additional 5,893 shares in the last quarter. Saxon Interests Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.4% during the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after buying an additional 1,355 shares in the last quarter. Riverwater Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $223,000. Vontobel Holding Ltd. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after buying an additional 36,070 shares during the period. Finally, Hancock Whitney Corp purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $1,674,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $92.14 on Friday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.24 and a 1-year high of $101.64. The business’s fifty day moving average price is $97.14 and its 200 day moving average price is $93.94. The firm has a market capitalization of $59.31 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares 20+ Year Treasury Bond ETF Company Profile

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.