Valmark Advisers Inc. Acquires 515 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Valmark Advisers Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,299 shares of the exchange traded fund’s stock after purchasing an additional 515 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $375,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Allworth Financial LP boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 893.1% during the fourth quarter. Allworth Financial LP now owns 61,571 shares of the exchange traded fund’s stock worth $5,388,000 after acquiring an additional 55,371 shares during the last quarter. Principal Securities Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 75.9% in the 4th quarter. Principal Securities Inc. now owns 130,956 shares of the exchange traded fund’s stock valued at $11,436,000 after acquiring an additional 56,527 shares during the last quarter. WealthPlan Investment Management LLC lifted its stake in iShares 20+ Year Treasury Bond ETF by 443.2% in the 4th quarter. WealthPlan Investment Management LLC now owns 24,092 shares of the exchange traded fund’s stock worth $2,104,000 after purchasing an additional 19,657 shares in the last quarter. Scarborough Advisors LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 6.0% during the 4th quarter. Scarborough Advisors LLC now owns 332,745 shares of the exchange traded fund’s stock valued at $29,059,000 after purchasing an additional 18,704 shares during the last quarter. Finally, Constant Guidance Financial LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at about $1,130,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 1.2 %

Shares of TLT stock opened at $88.10 on Wednesday. The stock has a market capitalization of $53.55 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The stock’s 50-day moving average price is $88.00 and its 200-day moving average price is $92.75.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.3123 dividend. The ex-dividend date was Monday, February 3rd.

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.