Robertson Stephens Wealth Management LLC Sells 13,144 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Robertson Stephens Wealth Management LLC lessened its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 60.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 8,661 shares of the exchange traded fund’s stock after selling 13,144 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $756,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TLT. Independence Bank of Kentucky bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $26,000. Richardson Financial Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $30,000. New Wave Wealth Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $32,000. ORG Wealth Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth $35,000. Finally, West Branch Capital LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 203 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $89.27 on Friday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The firm has a market capitalization of $54.26 billion, a P/E ratio of -7.14 and a beta of 0.06. The business has a fifty day moving average of $88.73 and a 200 day moving average of $93.03.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.3123 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.