BayBridge Capital Group LLC Sells 6,934 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

BayBridge Capital Group LLC cut its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 43.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,022 shares of the exchange traded fund’s stock after selling 6,934 shares during the period. BayBridge Capital Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $788,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Independence Bank of Kentucky acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $26,000. Richardson Financial Services Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $30,000. New Wave Wealth Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $32,000. ORG Wealth Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $35,000. Finally, West Branch Capital LLC boosted its stake in shares of 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 buying an additional 203 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $89.27 on Friday. The business has a 50-day moving average of $88.73 and a 200-day moving average of $93.03. The stock has a market capitalization of $54.26 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.3123 dividend. The ex-dividend date was Monday, February 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.