RAM Investment Partners LLC Lowers Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

RAM Investment Partners LLC reduced its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,718 shares of the exchange traded fund’s stock after selling 497 shares during the quarter. RAM Investment Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $412,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of TLT. Alpha Financial Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth about $2,701,000. Exchange Traded Concepts LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $659,000. Professional Financial Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $5,348,000. Ballew Advisors Inc increased its position in shares of iShares 20+ Year Treasury Bond ETF by 2.5% in the third quarter. Ballew Advisors Inc now owns 14,666 shares of the exchange traded fund’s stock worth $1,385,000 after purchasing an additional 358 shares during the last quarter. Finally, Shira Ridge Wealth Management raised its stake in iShares 20+ Year Treasury Bond ETF by 494.7% in the third quarter. Shira Ridge Wealth Management now owns 17,151 shares of the exchange traded fund’s stock valued at $1,683,000 after purchasing an additional 14,267 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.27 on Monday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The firm has a market cap of $54.26 billion, a PE ratio of -7.14 and a beta of 0.06. The company has a 50 day simple moving average of $88.73 and a two-hundred day simple moving average of $93.04.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.3123 per share. The ex-dividend date of this dividend was Monday, February 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.