Robertson Stephens Wealth Management LLC Reduces Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Robertson Stephens Wealth Management LLC cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 60.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,661 shares of the exchange traded fund’s stock after selling 13,144 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the stock. Foguth Wealth Management LLC. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 54.5% during the 4th quarter. Foguth Wealth Management LLC. now owns 9,195 shares of the exchange traded fund’s stock valued at $802,000 after acquiring an additional 3,244 shares during the period. Choreo LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 46.5% in the 4th quarter. Choreo LLC now owns 11,715 shares of the exchange traded fund’s stock worth $1,027,000 after buying an additional 3,720 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 17.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock worth $211,751,000 after buying an additional 353,468 shares during the period. Ping Capital Management Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $655,000. Finally, Stratos Wealth Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 330.1% in the 4th quarter. Stratos Wealth Advisors LLC now owns 196,115 shares of the exchange traded fund’s stock valued at $17,127,000 after purchasing an additional 150,517 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6 %

TLT opened at $89.27 on Friday. The stock has a market cap of $54.26 billion, a PE ratio of -7.14 and a beta of 0.06. The business has a 50 day moving average of $88.73 and a 200-day moving average of $93.03. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced 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 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.