Sicart Associates LLC Buys Shares of 169,964 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Sicart Associates LLC acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 169,964 shares of the exchange traded fund’s stock, valued at approximately $16,673,000. iShares 20+ Year Treasury Bond ETF comprises 5.9% of Sicart Associates LLC’s portfolio, making the stock its 2nd biggest holding.

Other hedge funds have also recently made changes to their positions in the company. MBA Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 7.3% during the third quarter. MBA Advisors LLC now owns 22,240 shares of the exchange traded fund’s stock worth $2,182,000 after purchasing an additional 1,516 shares during the period. Cantor Fitzgerald Investment Advisors L.P. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 11.8% in the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 96,043 shares of the exchange traded fund’s stock valued at $9,422,000 after acquiring an additional 10,125 shares in the last quarter. Pallas Capital Advisors LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 15.2% in the third quarter. Pallas Capital Advisors LLC now owns 64,171 shares of the exchange traded fund’s stock valued at $5,946,000 after acquiring an additional 8,484 shares in the last quarter. Vima LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 12.5% in the third quarter. Vima LLC now owns 28,550 shares of the exchange traded fund’s stock valued at $2,801,000 after purchasing an additional 3,173 shares during the period. Finally, Inscription Capital LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $608,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.4 %

NASDAQ:TLT traded down $0.36 during mid-day trading on Tuesday, hitting $91.53. The stock had a trading volume of 28,151,023 shares, compared to its average volume of 39,283,070. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.24 and a twelve month high of $101.64. The stock has a 50-day simple moving average of $97.02 and a two-hundred day simple moving average of $94.00. The company has a market capitalization of $58.41 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. Investors of record on Tuesday, September 3rd were issued a $0.3128 dividend. The ex-dividend date was Tuesday, September 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.