Cresta Advisors Ltd. Sells 7,085 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Cresta Advisors Ltd. trimmed its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 63.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,000 shares of the exchange traded fund’s stock after selling 7,085 shares during the quarter. Cresta Advisors Ltd.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $311,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in TLT. United Asset Strategies Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.2% during the first quarter. United Asset Strategies Inc. now owns 10,398 shares of the exchange traded fund’s stock valued at $901,000 after purchasing an additional 126 shares during the period. Stronghold Wealth Management L.L.C. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.8% in the second quarter. Stronghold Wealth Management L.L.C. now owns 16,318 shares of the exchange traded fund’s stock worth $1,410,000 after purchasing an additional 132 shares during the last quarter. Ranch Capital Advisors Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 3.5% in the 1st quarter. Ranch Capital Advisors Inc. now owns 3,940 shares of the exchange traded fund’s stock worth $342,000 after buying an additional 135 shares during the period. Avid Wealth Partners LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 2.6% in the 1st quarter. Avid Wealth Partners LLC now owns 6,155 shares of the exchange traded fund’s stock worth $534,000 after buying an additional 158 shares during the period. Finally, Cox Capital Mgt LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 4.4% in the 3rd quarter. Cox Capital Mgt LLC now owns 3,786 shares of the exchange traded fund’s stock worth $294,000 after buying an additional 159 shares during the period. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $78.37 on Wednesday. The stock has a market cap of $48.71 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52. iShares 20+ Year Treasury Bond ETF has a 1 year low of $76.43 and a 1 year high of $92.18. The firm has a 50-day moving average of $80.91 and a two-hundred day moving average of $83.81.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.3116 per share. This is a drop from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.3147. This represents a $3.74 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Thursday, October 1st.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.