Bay Rivers Group Has $5.98 Million Stock Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Bay Rivers Group decreased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 68,596 shares of the exchange traded fund’s stock after selling 10,686 shares during the period. iShares 20+ Year Treasury Bond ETF accounts for approximately 2.4% of Bay Rivers Group’s portfolio, making the stock its 13th biggest position. Bay Rivers Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $5,979,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Davis Rea LTD. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $4,468,000. WestEnd Advisors LLC boosted its holdings in 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 worth $82,518,000 after purchasing an additional 134,792 shares in the last quarter. Alliance Wealth Advisors LLC UT acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $1,378,000. First Horizon Corp acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter worth $5,510,000. Finally, Global Retirement Partners LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 439.2% during the third quarter. Global Retirement Partners LLC now owns 46,705 shares of the exchange traded fund’s stock valued at $4,174,000 after buying an additional 38,043 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 Price Performance

Shares of NASDAQ:TLT opened at $85.83 on Friday. The stock has a market capitalization of $44.54 billion, a P/E ratio of -6.75 and a beta of 0.53. The business has a 50-day moving average of $88.22 and a two-hundred day moving average of $88.84. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $83.29 and a fifty-two week high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.3006 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. 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.