Quadrant Private Wealth Management LLC Trims Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Quadrant Private Wealth Management LLC lowered its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 71,822 shares of the exchange traded fund’s stock after selling 7,838 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 1.5% of Quadrant Private Wealth Management LLC’s portfolio, making the stock its 18th biggest holding. Quadrant Private Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,272,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Alpha Financial Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $2,701,000. Exchange Traded Concepts LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $659,000. Creative Planning raised its position in 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 valued at $9,177,000 after purchasing an additional 781 shares in the last quarter. Vontobel Holding Ltd. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after buying an additional 36,070 shares during the period. Finally, SPC Financial Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 14.8% in the 3rd quarter. SPC Financial Inc. now owns 2,910 shares of the exchange traded fund’s stock worth $285,000 after buying an additional 376 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.15 on Friday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The stock’s fifty day moving average price is $88.19 and its 200-day moving average price is $92.89. The firm has a market cap of $54.19 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.3123 per share. The ex-dividend date 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.