Petra Financial Advisors Inc. Reduces Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Petra Financial Advisors Inc. lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,285 shares of the exchange traded fund’s stock after selling 132 shares during the period. Petra Financial Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $811,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Cadence Wealth Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 6.2% during the 4th quarter. Cadence Wealth Management LLC now owns 419,202 shares of the exchange traded fund’s stock valued at $36,609,000 after acquiring an additional 24,423 shares in the last quarter. Signature Wealth Management Group grew its stake in iShares 20+ Year Treasury Bond ETF by 1.0% during the 4th quarter. Signature Wealth Management Group now owns 27,467 shares of the exchange traded fund’s stock valued at $2,399,000 after acquiring an additional 269 shares in the last quarter. Patten & Patten Inc. TN grew its stake in iShares 20+ Year Treasury Bond ETF by 20.5% during the 4th quarter. Patten & Patten Inc. TN now owns 4,867 shares of the exchange traded fund’s stock valued at $425,000 after acquiring an additional 827 shares in the last quarter. Corient Private Wealth LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 14.8% during the 4th quarter. Corient Private Wealth LLC now owns 123,501 shares of the exchange traded fund’s stock valued at $10,785,000 after acquiring an additional 15,918 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 36.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,230,371 shares of the exchange traded fund’s stock valued at $194,778,000 after acquiring an additional 592,846 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 Trading Up 0.5 %

Shares of NASDAQ TLT opened at $90.62 on Tuesday. The stock has a market cap of $55.08 billion, a PE ratio of -7.34 and a beta of 0.06. The company has a 50-day moving average of $88.78 and a 200 day moving average of $91.83. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2898 dividend. The ex-dividend date of this dividend was Monday, March 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.