WMG Financial Advisors LLC Sells 484 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

WMG Financial Advisors LLC reduced its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 2,930 shares of the exchange traded fund’s stock after selling 484 shares during the quarter. WMG Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $256,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Principal Financial Group Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after acquiring an additional 27,586 shares during the last quarter. Commerce Bank lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 32.7% during the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after acquiring an additional 2,426 shares during the last quarter. ST Germain D J Co. Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares in the last quarter. Cornerstone Wealth Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 201 shares in the last quarter. Finally, Dynasty Wealth Management LLC raised its position in iShares 20+ Year Treasury Bond ETF by 50.7% during the 4th quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock valued at $79,056,000 after purchasing an additional 304,416 shares in the last quarter. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.2 %

Shares of NASDAQ TLT opened at $92.57 on Tuesday. The business has a fifty day simple moving average of $88.07 and a two-hundred day simple moving average of $92.39. The firm has a market cap of $56.26 billion, a PE ratio of -7.34 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 announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.2898 per share. The ex-dividend date of this dividend is 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.