Garden State Investment Advisory Services LLC Cuts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Garden State Investment Advisory Services LLC cut its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,422 shares of the exchange traded fund’s stock after selling 934 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,327,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TLT. Envestnet Asset Management Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 17,210,704 shares of the exchange traded fund’s stock worth $1,701,794,000 after buying an additional 1,090,199 shares in the last quarter. Dymon Asia Capital Singapore PTE. LTD. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $519,000. ICA Group Wealth Management LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 12.9% in the 4th quarter. ICA Group Wealth Management LLC now owns 2,717 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 311 shares in the last quarter. TD Asset Management Inc increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 26.2% in the 4th quarter. TD Asset Management Inc now owns 9,739,457 shares of the exchange traded fund’s stock valued at $963,038,000 after purchasing an additional 2,023,240 shares in the last quarter. Finally, Granby Capital Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 75.0% in the fourth quarter. Granby Capital Management LLC now owns 140,000 shares of the exchange traded fund’s stock valued at $13,843,000 after purchasing an additional 60,000 shares during the period. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.4 %

Shares of TLT opened at $98.88 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.42 and a twelve month high of $101.64. The firm has a market capitalization of $58.62 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm’s 50-day moving average is $96.96 and its two-hundred day moving average is $93.66.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.3128 dividend. 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.