Accredited Investors Inc. Sells 8,309 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Accredited Investors Inc. lowered its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 77.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,441 shares of the exchange traded fund’s stock after selling 8,309 shares during the period. Accredited Investors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $224,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. International Assets Investment Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $11,498,000. Sequoia Financial Advisors LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $236,000. Cerity Partners LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 81.3% in the fourth quarter. Cerity Partners LLC now owns 15,000 shares of the exchange traded fund’s stock worth $1,483,000 after buying an additional 6,727 shares in the last quarter. Tennessee Valley Asset Management Partners bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $161,000. Finally, Institute for Wealth Management LLC. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 8.2% in the fourth quarter. Institute for Wealth Management LLC. now owns 3,659 shares of the exchange traded fund’s stock worth $362,000 after buying an additional 277 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock traded up $0.42 during midday trading on Tuesday, reaching $98.31. 1,898,207 shares of the company traded hands, compared to its average volume of 40,188,633. The firm has a market capitalization of $58.28 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The business has a 50 day moving average of $93.97 and a two-hundred day moving average of $92.76. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $100.57.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were given a dividend of $0.3149 per share. The ex-dividend date was Thursday, August 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.