Northwest & Ethical Investments L.P. Makes New $1.23 Million Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Northwest & Ethical Investments L.P. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, Holdings Channel.com reports. The firm purchased 14,087 shares of the exchange traded fund’s stock, valued at approximately $1,230,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Berkeley Capital Partners LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.4% during the 4th quarter. Berkeley Capital Partners LLC now owns 55,402 shares of the exchange traded fund’s stock worth $4,838,000 after buying an additional 2,822 shares in the last quarter. GM Advisory Group LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 0.5% during the fourth quarter. GM Advisory Group LLC now owns 372,360 shares of the exchange traded fund’s stock worth $32,518,000 after purchasing an additional 1,839 shares during the period. Investment House LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $1,442,000. Bestgate Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $687,000. Finally, Horizon Investments LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 92.2% during the fourth quarter. Horizon Investments LLC now owns 165,233 shares of the exchange traded fund’s stock worth $14,379,000 after purchasing an additional 79,259 shares during the period. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6 %

Shares of NASDAQ:TLT opened at $90.70 on Friday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The stock’s 50 day moving average is $89.19 and its 200-day moving average is $91.74. The firm has a market capitalization of $50.97 billion, a price-to-earnings ratio of -7.21 and a beta of 0.36.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2898 per share. The ex-dividend date of this dividend was Monday, March 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.