Confluence Investment Management LLC lowered its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 58.2% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 71,765 shares of the exchange traded fund’s stock after selling 100,019 shares during the period. Confluence Investment Management LLC owned about 0.06% of iShares 20+ Year Treasury Bond ETF worth $11,839,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. First Trust Advisors LP grew its stake in iShares 20+ Year Treasury Bond ETF by 16.4% during the 1st quarter. First Trust Advisors LP now owns 24,345 shares of the exchange traded fund’s stock valued at $3,078,000 after acquiring an additional 3,428 shares in the last quarter. National Asset Management Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 111.3% during the 4th quarter. National Asset Management Inc. now owns 18,528 shares of the exchange traded fund’s stock valued at $2,511,000 after acquiring an additional 9,759 shares in the last quarter. Financial Partners Group Inc grew its stake in iShares 20+ Year Treasury Bond ETF by 11.1% during the 4th quarter. Financial Partners Group Inc now owns 16,641 shares of the exchange traded fund’s stock valued at $2,382,000 after acquiring an additional 1,660 shares in the last quarter. Global Financial Private Capital Inc purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $4,717,000. Finally, RB Capital Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 93.1% during the 4th quarter. RB Capital Management LLC now owns 2,780 shares of the exchange traded fund’s stock valued at $387,000 after acquiring an additional 1,340 shares in the last quarter.

NASDAQ:TLT traded up $1.53 on Friday, hitting $165.03. The stock had a trading volume of 427,625 shares, compared to its average volume of 13,331,693. The company has a fifty day moving average price of $162.75 and a two-hundred day moving average price of $154.02. iShares 20+ Year Treasury Bond ETF has a 1-year low of $129.68 and a 1-year high of $179.70.

Separately, ValuEngine raised shares of iShares 20+ Year Treasury Bond ETF from a “sell” rating to a “hold” rating in a research note on Thursday, April 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.

Recommended Story: Options Trading

Want to see what other hedge funds are holding TLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT).

Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Receive News & Ratings for iShares 20+ Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 20+ Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.