BayBridge Capital Group LLC Sells 6,934 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

BayBridge Capital Group LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 43.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,022 shares of the exchange traded fund’s stock after selling 6,934 shares during the period. BayBridge Capital Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $788,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Independence Bank of Kentucky acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $26,000. Richardson Financial Services Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $30,000. ORG Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $35,000. New Wave Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $32,000. Finally, West Branch Capital LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.27 on Friday. The stock’s fifty day simple moving average is $88.73 and its 200 day simple moving average is $93.03. The company has a market capitalization of $54.26 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 $84.89 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.3123 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.