iShares 20+ Year Treasury Bond ETF $TLT Shares Sold by Saxony Capital Management LLC

Saxony Capital Management LLC trimmed its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 82.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 3,333 shares of the exchange traded fund’s stock after selling 15,984 shares during the period. Saxony Capital Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $294,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in TLT. Goldman Sachs Group Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 200.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 36,052,581 shares of the exchange traded fund’s stock worth $3,281,866,000 after buying an additional 71,888,500 shares during the last quarter. Simplex Trading LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $278,367,000. Assetmark Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 415.4% in the 1st quarter. Assetmark Inc. now owns 1,678,685 shares of the exchange traded fund’s stock worth $152,811,000 after buying an additional 1,352,977 shares during the last quarter. Eisler Capital Management Ltd. acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $94,839,000. Finally, Electron Capital Partners LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $78,067,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3%

Shares of NASDAQ:TLT opened at $90.29 on Friday. The stock’s 50-day moving average price is $89.49 and its two-hundred day moving average price is $87.67. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.85. The firm has a market cap of $49.32 billion, a price-to-earnings ratio of -6.75 and a beta of 0.53.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.3104 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.