Beacon Financial Advisory LLC Sells 1,493 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Beacon Financial Advisory LLC decreased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 29.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,635 shares of the exchange traded fund’s stock after selling 1,493 shares during the quarter. Beacon Financial Advisory LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $317,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bleakley Financial Group LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at about $379,000. Foguth Wealth Management LLC. raised its holdings in iShares 20+ Year Treasury Bond ETF by 54.5% in the 4th quarter. Foguth Wealth Management LLC. now owns 9,195 shares of the exchange traded fund’s stock valued at $802,000 after buying an additional 3,244 shares during the last quarter. Choreo LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 46.5% during the 4th quarter. Choreo LLC now owns 11,715 shares of the exchange traded fund’s stock worth $1,027,000 after buying an additional 3,720 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in iShares 20+ Year Treasury Bond ETF by 17.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock worth $211,751,000 after buying an additional 353,468 shares during the period. Finally, Ping Capital Management Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $655,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $89.85 on Friday. The company has a market capitalization of $54.61 billion, a P/E ratio of -7.14 and a beta of 0.06. The company has a fifty day moving average price of $88.82 and a 200-day moving average price of $93.05. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.3123 per share. The ex-dividend date was Monday, February 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.