Bay Harbor Wealth Management LLC Cuts Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Bay Harbor Wealth Management LLC reduced its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 32,139 shares of the exchange traded fund’s stock after selling 2,778 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.0% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 27th largest holding. Bay Harbor Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,153,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. McAdam LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 43.9% in the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after acquiring an additional 5,893 shares during the last quarter. Saxon Interests Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 28.4% during the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after purchasing an additional 1,355 shares in the last quarter. Riverwater Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $223,000. Vontobel Holding Ltd. lifted its stake 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 buying an additional 36,070 shares in the last quarter. Finally, Hancock Whitney Corp acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $1,674,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6 %

NASDAQ TLT opened at $92.14 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.24 and a fifty-two week high of $101.64. The business has a fifty day moving average of $97.14 and a 200-day moving average of $93.96. The stock has a market cap of $59.31 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.3128 dividend. The ex-dividend date was Tuesday, September 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.