iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Sold by GM Advisory Group LLC

GM Advisory Group LLC decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 371,466 shares of the exchange traded fund’s stock after selling 11,034 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 2.2% of GM Advisory Group LLC’s holdings, making the stock its 10th biggest position. GM Advisory Group LLC owned about 0.06% of iShares 20+ Year Treasury Bond ETF worth $34,093,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of TLT. Motco acquired a new position in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter worth about $34,000. Riggs Asset Managment Co. Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $35,000. Anfield Capital Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $36,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $37,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $99.26 on Friday. The firm has a market capitalization of $58.84 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company’s 50 day simple moving average is $96.75 and its two-hundred day simple moving average is $93.59. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.42 and a 1-year 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. Investors 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.

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.