Ipsen Advisor Group LLC Purchases New Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Ipsen Advisor Group LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 2,679 shares of the exchange traded fund’s stock, valued at approximately $234,000.

A number of other institutional investors have also modified their holdings of the stock. Principal Financial Group Inc. raised 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 worth $8,660,000 after buying an additional 27,586 shares in the last quarter. ST Germain D J Co. Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 201 shares during the last quarter. Cornerstone Wealth Management LLC lifted 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 purchasing an additional 201 shares during the last quarter. Dynasty Wealth Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 50.7% in 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 purchasing an additional 304,416 shares during the last quarter. Finally, Clear Street Derivatives LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth about $4,205,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $89.76 on Wednesday. The firm has a 50-day simple moving average of $89.36 and a two-hundred day simple moving average of $91.51. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The firm has a market cap of $54.56 billion, a price-to-earnings ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.2898 dividend. The ex-dividend date was 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.