Burford Brothers Inc. Sells 297 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Burford Brothers Inc. trimmed its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 4.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,793 shares of the exchange traded fund’s stock after selling 297 shares during the period. Burford Brothers Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $568,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. McAdam LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 43.9% during the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after purchasing an additional 5,893 shares during the last quarter. Saxon Interests Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 28.4% during the 2nd quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock valued at $562,000 after purchasing an additional 1,355 shares during the last quarter. Riverwater Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $223,000. Vontobel Holding Ltd. boosted its stake in iShares 20+ Year Treasury Bond ETF by 99.7% during the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after purchasing an additional 36,070 shares during the last quarter. Finally, Hancock Whitney Corp acquired a new position in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $1,674,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6 %

Shares of NASDAQ TLT opened at $92.14 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.24 and a twelve month high of $101.64. The stock’s 50 day moving average price is $97.14 and its 200-day moving average price is $93.94. The company has a market capitalization of $59.31 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 20+ Year Treasury Bond ETF

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.