GDS Wealth Management Cuts Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

GDS Wealth Management decreased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 48.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,180 shares of the exchange traded fund’s stock after selling 59,547 shares during the period. GDS Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,890,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Rafferty Asset Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 134.1% in the 4th quarter. Rafferty Asset Management LLC now owns 36,566,862 shares of the exchange traded fund’s stock worth $3,615,731,000 after purchasing an additional 20,946,006 shares during the period. Jane Street Group LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the 1st quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after acquiring an additional 6,457,638 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 6.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 17,210,704 shares of the exchange traded fund’s stock valued at $1,701,794,000 after acquiring an additional 1,090,199 shares during the period. TD Asset Management Inc grew its position in iShares 20+ Year Treasury Bond ETF by 26.2% during the 4th quarter. TD Asset Management Inc now owns 9,739,457 shares of the exchange traded fund’s stock worth $963,038,000 after acquiring an additional 2,023,240 shares during the last quarter. Finally, Cibc World Market Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 21.9% in the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after purchasing an additional 1,511,435 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $101.33 on Tuesday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $101.37. The firm has a market cap of $60.07 billion, a PE ratio of -7.14 and a beta of 0.06. The business has a 50 day moving average price of $96.27 and a 200-day moving average price of $93.45.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 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.