Ballew Advisors Inc. has significantly reduced its holdings in the iShares 10-20 Year Treasury Bond ETF (NYSEARCA: TLH), cutting its position by a substantial 70.0% during the third quarter of 2023. According to Holdings Channel, this institutional investor now holds 3,313 shares after selling 7,747 shares during the reporting period. By the end of September, Ballew Advisors’ stake in the ETF was valued at approximately $346,000.
Other institutional investors have also adjusted their positions in the iShares 10-20 Year Treasury Bond ETF. For instance, Financial Gravity Companies Inc. acquired a new stake valued at $26,000 during the second quarter, while Ameritas Advisory Services LLC entered the market with a stake worth about $27,000. Notably, Golden State Wealth Management LLC increased its holdings by an impressive 216.0% during the same period, now owning 534 shares valued at $54,000 after adding 365 shares.
Centaurus Financial Inc. also made a notable move, purchasing a new stake in the ETF valued at around $133,000. Furthermore, Cape Investment Advisory Inc. reported a dramatic increase in its holdings, growing its position by 601.5% in the first quarter, now owning 1,375 shares worth about $143,000 after acquiring an additional 1,179 shares.
Current Market Performance
As of Thursday, shares of the iShares 10-20 Year Treasury Bond ETF opened at $102.07. The fund has a 50-day moving average price of $103.26 and a 200-day moving average price of $101.94. Over the past year, the ETF has experienced a low of $96.74 and a high of $106.83.
About the iShares 10-20 Year Treasury Bond ETF
The iShares 10-20 Year Treasury Bond ETF (TLH) is designed to track the ICE U.S. Treasury 10-20 Year TR index, which comprises debt issued by the U.S. Treasury. The ETF was launched on January 5, 2007, and is managed by BlackRock, a leading global investment management firm.
Investors interested in the iShares 10-20 Year Treasury Bond ETF can find further insights and updates on its performance through various financial platforms, including Holdings Channel, which provides the latest 13F filings and insider trades related to this ETF.
