Rock Creek Group LP Sells 672,695 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Rock Creek Group LP reduced its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 61.5% in the 2nd quarter, HoldingsChannel reports. The firm owned 420,511 shares of the exchange traded fund’s stock after selling 672,695 shares during the period. iShares 20+ Year Treasury Bond ETF comprises approximately 4.3% of Rock Creek Group LP’s holdings, making the stock its 9th largest position. Rock Creek Group LP’s holdings in iShares 20+ Year Treasury Bond ETF were worth $37,112,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in TLT. Adapt Wealth Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 3.3% in the second quarter. Adapt Wealth Advisors LLC now owns 123,095 shares of the exchange traded fund’s stock valued at $10,863,000 after purchasing an additional 3,879 shares during the period. Johnson Bixby & Associates LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 10.4% during the 2nd quarter. Johnson Bixby & Associates LLC now owns 2,484 shares of the exchange traded fund’s stock worth $219,000 after purchasing an additional 233 shares in the last quarter. Tempus Wealth Planning LLC increased its position in iShares 20+ Year Treasury Bond ETF by 75.5% during the second quarter. Tempus Wealth Planning LLC now owns 13,933 shares of the exchange traded fund’s stock worth $1,230,000 after buying an additional 5,993 shares in the last quarter. Sunpointe LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $276,000. Finally, Pingora Partners LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 86.7% during the first quarter. Pingora Partners LLC now owns 2,800 shares of the exchange traded fund’s stock worth $255,000 after buying an additional 1,300 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $89.50 on Friday. The company has a market capitalization of $49.03 billion, a PE ratio of -6.75 and a beta of 0.53. The stock has a fifty day moving average of $89.97 and a two-hundred day moving average of $87.81. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.85.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a dividend of $0.3251 per share. This represents a c) annualized dividend and a yield of 4.4%. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Monday, November 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.