Alternative Investment Advisors LLC. Sells 8,425 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Alternative Investment Advisors LLC. lessened its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 78,373 shares of the exchange traded fund’s stock after selling 8,425 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for about 4.0% of Alternative Investment Advisors LLC.’s investment portfolio, making the stock its 7th largest holding. Alternative Investment Advisors LLC.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,688,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in TLT. Riggs Asset Managment Co. Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $35,000. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $35,000. Anfield Capital Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth about $36,000. PSI Advisors LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 79.6% during the second quarter. PSI Advisors LLC now owns 413 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 183 shares in the last quarter. Finally, Ridgewood Investments LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter worth about $42,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6 %

NASDAQ:TLT traded down $0.51 during trading hours on Friday, reaching $90.57. 6,709,741 shares of the company’s stock were exchanged, compared to its average volume of 39,773,988. The business’s 50-day simple moving average is $92.58 and its two-hundred day simple moving average is $94.42. The company has a market capitalization of $58.67 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $87.34 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were given a $0.325 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, December 2nd.

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.