Burford Brothers Inc. Sells 297 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Burford Brothers Inc. cut its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,793 shares of the exchange traded fund’s stock after selling 297 shares during the period. Burford Brothers Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $568,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Motco bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $34,000. Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $35,000. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $35,000. Finally, Anfield Capital Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $36,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6 %

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 firm has a market cap of $59.31 billion, a PE ratio of -7.14 and a beta of 0.06. The stock has a 50-day moving average price of $97.14 and a 200-day moving average price of $93.94.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.3128 dividend. The ex-dividend date was Tuesday, September 3rd.

iShares 20+ Year Treasury Bond ETF 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.