Steward Partners Investment Advisory LLC Purchases 12,077 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Steward Partners Investment Advisory LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 9.4% during the 4th quarter, Holdings Channel reports. The fund owned 140,369 shares of the exchange traded fund’s stock after buying an additional 12,077 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,258,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TLT. Principal Financial Group Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after purchasing an additional 27,586 shares during the last quarter. Commerce Bank boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 2,426 shares in the last quarter. ST Germain D J Co. Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares during the last quarter. Cornerstone Wealth Management LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after acquiring an additional 201 shares in the last quarter. Finally, Dynasty Wealth Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 50.7% during the fourth quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock valued at $79,056,000 after acquiring an additional 304,416 shares during the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 1.2 %

NASDAQ TLT opened at $91.43 on Wednesday. The firm’s fifty day simple moving average is $88.17 and its two-hundred day simple moving average is $92.36. The firm has a market capitalization of $55.57 billion, a P/E ratio of -7.34 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.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a dividend of $0.2898 per share. The ex-dividend date is 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.