Mill Creek Capital Advisors LLC Sells 4,499 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Mill Creek Capital Advisors LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 57.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,295 shares of the exchange traded fund’s stock after selling 4,499 shares during the period. Mill Creek Capital Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $288,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TLT. Assetmark Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% during the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after purchasing an additional 4,322,688 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at about $89,789,000. IMC Chicago LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 440.7% during the 3rd quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock valued at $102,533,000 after acquiring an additional 851,884 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in iShares 20+ Year Treasury Bond ETF by 51.9% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,075,806 shares of the exchange traded fund’s stock worth $204,612,000 after purchasing an additional 709,409 shares during the period. Finally, Harvest Portfolios Group Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 33.0% in the 3rd quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after buying an additional 683,915 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $88.43 on Wednesday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The company has a market capitalization of $53.75 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company has a 50 day simple moving average of $88.54 and a two-hundred day simple moving average of $92.99.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders 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.