25,878 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Purchased by Paces Ferry Wealth Advisors LLC

Paces Ferry Wealth Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 25,878 shares of the exchange traded fund’s stock, valued at approximately $2,260,000. iShares 20+ Year Treasury Bond ETF makes up approximately 1.1% of Paces Ferry Wealth Advisors LLC’s holdings, making the stock its 24th biggest holding.

Several other institutional investors also recently bought and sold shares of the company. LPL Financial LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.1% during the fourth quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock worth $527,045,000 after buying an additional 235,504 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in iShares 20+ Year Treasury Bond ETF by 17.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock worth $211,751,000 after acquiring an additional 353,468 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 36.2% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 2,230,371 shares of the exchange traded fund’s stock valued at $194,778,000 after purchasing an additional 592,846 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock valued at $171,007,000 after purchasing an additional 175,574 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 5.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,840,482 shares of the exchange traded fund’s stock worth $160,729,000 after buying an additional 91,847 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $90.70 on Friday. The stock’s fifty day moving average is $89.19 and its two-hundred day moving average is $91.70. The firm has a market capitalization of $55.13 billion, a P/E ratio of -7.21 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared 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 was Monday, March 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.