Parallel Advisors LLC Lowers Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Parallel Advisors LLC cut its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,553 shares of the exchange traded fund’s stock after selling 199 shares during the quarter. Parallel Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $510,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of TLT. Motco purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $34,000. Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $35,000. Anfield Capital Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at $36,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $37,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $100.84 on Wednesday. The firm’s fifty day moving average price is $96.44 and its 200-day moving average price is $93.50. The stock has a market cap of $59.78 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 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.