Garden State Investment Advisory Services LLC Lowers Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Garden State Investment Advisory Services LLC lessened its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,002 shares of the exchange traded fund’s stock after selling 1,420 shares during the period. Garden State Investment Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,279,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Synovus Financial Corp lifted its holdings in iShares 20+ Year Treasury Bond ETF by 27.4% in the 3rd quarter. Synovus Financial Corp now owns 5,076 shares of the exchange traded fund’s stock valued at $498,000 after purchasing an additional 1,092 shares in the last quarter. Tidal Investments LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 101.5% in the 3rd quarter. Tidal Investments LLC now owns 35,749 shares of the exchange traded fund’s stock valued at $3,507,000 after buying an additional 18,007 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $3,105,000. Sanctuary Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF by 1.0% in the third quarter. Sanctuary Advisors LLC now owns 439,649 shares of the exchange traded fund’s stock valued at $39,740,000 after purchasing an additional 4,145 shares during the period. Finally, Rehmann Capital Advisory Group boosted its stake in iShares 20+ Year Treasury Bond ETF by 18.7% during the third quarter. Rehmann Capital Advisory Group now owns 134,309 shares of the exchange traded fund’s stock worth $13,176,000 after buying an additional 21,127 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.5 %

NASDAQ:TLT traded down $0.48 during trading hours on Friday, reaching $90.60. 4,740,002 shares of the stock were exchanged, compared to its average volume of 39,763,547. The company has a market capitalization of $58.69 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $87.34 and a twelve month high of $101.64. The business has a 50-day moving average of $92.58 and a two-hundred day moving average of $94.42.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 5th. Investors of record on Monday, December 2nd were paid a dividend of $0.325 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous dividend of $0.31. The ex-dividend date was Monday, December 2nd.

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.