C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Decreases Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.3% in the 4th quarter, Holdings Channel reports. The fund owned 31,824 shares of the exchange traded fund’s stock after selling 13,170 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in iShares 20+ Year Treasury Bond ETF were worth $2,779,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Alpha Financial Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $2,701,000. Exchange Traded Concepts LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $659,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $35,000. Creative Planning raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.8% during the 3rd quarter. Creative Planning now owns 93,547 shares of the exchange traded fund’s stock worth $9,177,000 after acquiring an additional 781 shares during the period. Finally, Magnus Financial Group LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 70.0% during the 3rd quarter. Magnus Financial Group LLC now owns 8,846 shares of the exchange traded fund’s stock worth $868,000 after acquiring an additional 3,641 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 1.4 %

Shares of TLT opened at $87.23 on Thursday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The firm has a market capitalization of $53.02 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm has a 50-day moving average price of $88.40 and a 200 day moving average price of $92.95.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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