Pineridge Advisors LLC Lowers Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Pineridge Advisors LLC reduced its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 74.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 418 shares of the exchange traded fund’s stock after selling 1,244 shares during the period. Pineridge Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $36,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in TLT. Principal Financial Group Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after purchasing an additional 27,586 shares during the period. Vontobel Holding Ltd. raised its position in 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 valued at $7,089,000 after purchasing an additional 36,070 shares in the last quarter. Commerce Bank boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 2,426 shares during the period. ST Germain D J Co. Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares in the last quarter. Finally, Cornerstone Wealth Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 201 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.3 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.00 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The company has a market capitalization of $54.09 billion, a P/E ratio of -7.14 and a beta of 0.06. The company has a 50 day moving average of $88.63 and a 200 day moving average of $93.02.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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