Dudley Capital Management LLC Trims Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Dudley Capital Management LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 35.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,992 shares of the exchange traded fund’s stock after selling 4,385 shares during the period. Dudley Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $698,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Commerce Bank grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 32.7% in the third quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 2,426 shares during the period. Advisors Asset Management Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 56.4% in the 3rd quarter. Advisors Asset Management Inc. now owns 5,281 shares of the exchange traded fund’s stock valued at $518,000 after buying an additional 1,905 shares during the period. Cerity Partners LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 24.9% during the 3rd quarter. Cerity Partners LLC now owns 22,735 shares of the exchange traded fund’s stock worth $2,230,000 after buying an additional 4,534 shares during the last quarter. Independent Advisor Alliance raised its position in shares of iShares 20+ Year Treasury Bond ETF by 2.7% during the 3rd quarter. Independent Advisor Alliance now owns 31,226 shares of the exchange traded fund’s stock valued at $3,063,000 after buying an additional 811 shares during the period. Finally, DRW Securities LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $63,060,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $89.77 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The firm has a market cap of $54.56 billion, a PE ratio of -7.21 and a beta of 0.06. The company has a 50-day moving average of $89.27 and a two-hundred day moving average of $91.58.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.2898 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares 20+ Year Treasury Bond ETF Company 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.