Kelly Financial Services LLC Sells 24,658 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Kelly Financial Services LLC lessened its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 26.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 67,474 shares of the exchange traded fund’s stock after selling 24,658 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for approximately 2.4% of Kelly Financial Services LLC’s holdings, making the stock its 10th largest holding. Kelly Financial Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,619,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of TLT. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 2,810.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock valued at $2,994,131,000 after acquiring an additional 31,502,110 shares during the period. Jane Street Group LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock valued at $1,854,459,000 after buying an additional 6,457,638 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock worth $1,506,846,000 after buying an additional 814,240 shares during the period. Cibc World Market Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 21.9% during the second quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock worth $771,520,000 after acquiring an additional 1,511,435 shares during the period. Finally, LPL Financial LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 7.9% during the 2nd quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock worth $448,976,000 after buying an additional 359,489 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.1 %

NASDAQ:TLT opened at $94.38 on Thursday. The company has a market cap of $58.50 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.42 and a twelve month high of $101.64. The company’s 50-day moving average price is $97.98 and its 200-day moving average price is $93.92.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business 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 was Tuesday, September 3rd.

iShares 20+ Year Treasury Bond ETF 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.