MY Wealth Management Inc. Reduces Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

MY Wealth Management Inc. reduced its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 20.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 147,051 shares of the exchange traded fund’s stock after selling 38,376 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 12.8% of MY Wealth Management Inc.’s holdings, making the stock its 2nd largest position. MY Wealth Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,842,000 at the end of the most recent quarter.

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

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $90.40 on Wednesday. The firm has a market cap of $54.95 billion, a PE ratio of -7.34 and a beta of 0.06. The stock’s fifty day moving average price is $88.54 and its two-hundred day moving average price is $92.04. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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