Sfmg LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) in the fourth quarter, Holdings Channel reports. The firm purchased 121,937 shares of the exchange traded fund’s stock, valued at approximately $10,649,000. iShares 20+ Year Treasury Bond ETF makes up about 0.8% of Sfmg LLC’s portfolio, making the stock its 16th biggest position.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Independence Bank of Kentucky purchased a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $26,000. Richardson Financial Services Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $30,000. New Wave Wealth Advisors LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $32,000. Van ECK Associates Corp increased its position in iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 178 shares during the period. Finally, West Branch Capital LLC increased its position in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 203 shares during the period. 73.32% of the stock is currently owned by institutional investors.
iShares 20+ Year Treasury Bond ETF Trading Down 0.6 %
Shares of iShares 20+ Year Treasury Bond ETF stock opened at $90.70 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The company has a market cap of $50.97 billion, a P/E ratio of -7.21 and a beta of 0.36. The company’s fifty day simple moving average is $89.19 and its two-hundred day simple moving average is $91.74.
iShares 20+ Year Treasury Bond ETF Cuts Dividend
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.
Further Reading
- Five stocks we like better than iShares 20+ Year Treasury Bond ETF
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- FedEx Delivers Another Crushing Blow to Its Stock Price
- How to Short Nasdaq: An Easy-to-Follow Guide
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
- Where to Find Earnings Call Transcripts
- Micron Stock Will Retest All-Time Highs This Year
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 – Free Report).
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.
