Alliancebernstein L.P. Sells 16,970 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Alliancebernstein L.P. lessened its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,720,213 shares of the exchange traded fund’s stock after selling 16,970 shares during the quarter. Alliancebernstein L.P. owned about 0.45% of iShares 20+ Year Treasury Bond ETF worth $237,556,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TLT. Hazlett Burt & Watson Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 4.9% in the fourth quarter. Hazlett Burt & Watson Inc. now owns 2,446 shares of the exchange traded fund’s stock worth $214,000 after purchasing an additional 115 shares during the period. Hollencrest Capital Management increased its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Hollencrest Capital Management now owns 14,419 shares of the exchange traded fund’s stock worth $1,259,000 after buying an additional 122 shares during the period. New Republic Capital LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 12.2% during the fourth quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock worth $113,000 after buying an additional 140 shares during the last quarter. Pinnacle Family Advisors LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 6.3% in the third quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 147 shares during the period. Finally, Claro Advisors LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after acquiring an additional 149 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $91.03 on Tuesday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The company has a fifty day moving average price of $89.59 and a 200 day moving average price of $91.21. The stock has a market cap of $55.33 billion, a P/E ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2898 per share. 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.