Private Advisory Group LLC Invests $2.60 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Private Advisory Group LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 26,498 shares of the exchange traded fund’s stock, valued at approximately $2,599,000.

Several other hedge funds also recently made changes to their positions in TLT. Bell Investment Advisors Inc increased its stake in iShares 20+ Year Treasury Bond ETF by 3.8% in the fourth quarter. Bell Investment Advisors Inc now owns 276,017 shares of the exchange traded fund’s stock valued at $27,293,000 after acquiring an additional 9,983 shares during the last quarter. Granby Capital Management LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 75.0% in the fourth quarter. Granby Capital Management LLC now owns 140,000 shares of the exchange traded fund’s stock valued at $13,843,000 after acquiring an additional 60,000 shares during the last quarter. Garden State Investment Advisory Services LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 48.1% in the fourth quarter. Garden State Investment Advisory Services LLC now owns 13,709 shares of the exchange traded fund’s stock valued at $1,356,000 after acquiring an additional 4,452 shares during the last quarter. Freedom Investment Management Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 18.8% in the fourth quarter. Freedom Investment Management Inc. now owns 131,825 shares of the exchange traded fund’s stock valued at $13,035,000 after acquiring an additional 20,891 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $341,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT opened at $94.08 on Friday. The company’s 50 day simple moving average is $97.95 and its 200 day simple moving average is $93.92. The stock has a market capitalization of $58.31 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.