Wintrust Investments LLC Trims Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Wintrust Investments LLC trimmed its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 28.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 482 shares of the exchange traded fund’s stock after selling 188 shares during the period. Wintrust Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $42,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Independence Bank of Kentucky purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $26,000. Richardson Financial Services Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $30,000. New Wave Wealth Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $32,000. Van ECK Associates Corp grew its position in iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 178 shares during the last quarter. Finally, West Branch Capital LLC grew its position in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 203 shares during the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT stock opened at $90.65 on Friday. The company has a market capitalization of $55.10 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06. The company’s 50-day moving average is $88.59 and its 200 day moving average is $92.03. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2898 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares 20+ Year Treasury Bond ETF

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.