Horizon Wealth Management LLC Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Horizon Wealth Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, Holdings Channel reports. The firm purchased 29,194 shares of the exchange traded fund’s stock, valued at approximately $2,864,000. iShares 20+ Year Treasury Bond ETF accounts for 0.6% of Horizon Wealth Management LLC’s holdings, making the stock its 23rd largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Motco acquired a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $32,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $35,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth $34,000. Riggs Asset Managment Co. Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $35,000. Finally, Palisade Asset Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter valued at approximately $37,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.4 %

TLT stock opened at $95.31 on Thursday. The firm has a 50 day moving average of $97.72 and a 200 day moving average of $93.92. The stock has a market capitalization of $59.64 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

iShares 20+ Year Treasury Bond ETF Company 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.