Pettinga Financial Advisors LLC Decreases Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Pettinga Financial Advisors LLC lowered its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,977 shares of the exchange traded fund’s stock after selling 2,519 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 1.0% of Pettinga Financial Advisors LLC’s investment portfolio, making the stock its 28th biggest position. Pettinga Financial Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,118,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of TLT. Wealthcare Advisory Partners LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 17.4% in the first quarter. Wealthcare Advisory Partners LLC now owns 9,868 shares of the exchange traded fund’s stock valued at $934,000 after purchasing an additional 1,459 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 53.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 121,685 shares of the exchange traded fund’s stock worth $11,514,000 after buying an additional 42,317 shares in the last quarter. Financial Management Professionals Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at about $48,000. Foguth Wealth Management LLC. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at about $587,000. Finally, Founders Financial Securities LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 14.0% during the 1st quarter. Founders Financial Securities LLC now owns 7,074 shares of the exchange traded fund’s stock valued at $669,000 after acquiring an additional 867 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $92.14 on Friday. The firm’s 50-day moving average is $97.14 and its two-hundred day moving average 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 has a 12-month low of $83.24 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date of this dividend 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.