Kestra Private Wealth Services LLC Lowers Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Kestra Private Wealth Services LLC lowered its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 225,489 shares of the exchange traded fund’s stock after selling 63,683 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $19,692,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TLT. Independence Bank of Kentucky purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $30,000. New Wave Wealth Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $32,000. ORG Wealth Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Finally, West Branch Capital LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 203 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $89.27 on Friday. The company has a market cap of $54.26 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock has a 50-day moving average of $88.73 and a two-hundred day moving average of $93.03. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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