Narus Financial Partners LLC Decreases Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Narus Financial Partners LLC reduced its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 71.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,785 shares of the exchange traded fund’s stock after selling 7,064 shares during the period. Narus Financial Partners LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $249,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Davis Rea LTD. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $4,468,000. WestEnd Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 17.1% in the third quarter. WestEnd Advisors LLC now owns 923,315 shares of the exchange traded fund’s stock valued at $82,518,000 after purchasing an additional 134,792 shares during the period. Alliance Wealth Advisors LLC UT acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $1,378,000. First Horizon Corp acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $5,510,000. Finally, Global Retirement Partners LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 439.2% during the 3rd quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock worth $4,174,000 after buying an additional 38,043 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $86.96 on Thursday. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $94.09. The firm has a market capitalization of $45.12 billion, a P/E ratio of -6.75 and a beta of 0.53. The company’s fifty day moving average price is $88.26 and its two-hundred day moving average price is $88.86.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.3006 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.