iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) is Retirement Financial Solutions LLC’s 10th Largest Position

Retirement Financial Solutions LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 92,466 shares of the exchange traded fund’s stock after selling 636 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 4.4% of Retirement Financial Solutions LLC’s investment portfolio, making the stock its 10th biggest position. Retirement Financial Solutions LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,075,000 at the end of the most recent reporting period.

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

iShares 20+ Year Treasury Bond ETF Stock Up 0.5 %

Shares of TLT stock opened at $89.15 on Tuesday. The company’s 50 day moving average is $88.10 and its 200 day moving average is $92.82. The firm has a market cap of $54.19 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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