Centerline Wealth Advisors LLC Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Centerline Wealth Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, HoldingsChannel reports. The firm purchased 51,894 shares of the exchange traded fund’s stock, valued at approximately $4,535,000. iShares 20+ Year Treasury Bond ETF comprises about 2.7% of Centerline Wealth Advisors LLC’s portfolio, making the stock its 16th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of TLT. Divergent Wealth Advisors lifted its position in iShares 20+ Year Treasury Bond ETF by 1.1% during the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after buying an additional 117 shares in the last quarter. Pinnacle Family Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 6.3% in the third quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock valued at $242,000 after purchasing an additional 147 shares in the last quarter. Claro Advisors LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 0.9% in the fourth quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after buying an additional 149 shares during the period. Empirical Asset Management LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 2.5% in the third quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock valued at $610,000 after buying an additional 152 shares during the period. Finally, Capital Square LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 1.7% in the third quarter. Capital Square LLC now owns 9,395 shares of the exchange traded fund’s stock valued at $922,000 after buying an additional 157 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.0 %

Shares of NASDAQ:TLT opened at $89.85 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 stock has a market cap of $54.61 billion, a PE ratio of -7.14 and a beta of 0.06. The business has a 50 day moving average of $88.82 and a 200-day moving average of $93.05.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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