iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Clear Creek Financial Management LLC

Clear Creek Financial Management LLC reduced its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 18.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 21,784 shares of the exchange traded fund’s stock after selling 4,980 shares during the period. Clear Creek Financial Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,922,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. NBC Securities Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth about $25,000. Byrne Asset Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at approximately $26,000. Proathlete Wealth Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at approximately $28,000. Coastline Trust Co acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $32,000. Finally, First Pacific Financial purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $38,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1%

NASDAQ:TLT opened at $89.25 on Thursday. The firm has a market cap of $48.55 billion, a P/E ratio of -6.75 and a beta of 0.06. The stock’s 50 day simple moving average is $88.16 and its 200-day simple moving average is $87.50. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $95.62.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.3104 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.