iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc decreased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 52.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 114,729 shares of the exchange traded fund’s stock after selling 128,198 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,019,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Assetmark Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after acquiring an additional 4,322,688 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth $89,789,000. IMC Chicago LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 440.7% in the third quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock worth $102,533,000 after acquiring an additional 851,884 shares in the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $68,474,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 51.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after acquiring an additional 709,409 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.2 %

TLT opened at $89.57 on Friday. The company has a fifty day simple moving average of $87.86 and a 200 day simple moving average of $92.60. The firm has a market cap of $54.44 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued 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.