iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Purchased by Independent Advisor Alliance

Independent Advisor Alliance increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 361.9% in the fourth quarter, HoldingsChannel reports. The firm owned 144,234 shares of the exchange traded fund’s stock after acquiring an additional 113,008 shares during the quarter. Independent Advisor Alliance’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,596,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Independence Bank of Kentucky acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $26,000. Richardson Financial Services Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $30,000. New Wave Wealth Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $32,000. Van ECK Associates Corp lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 82.4% during the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 178 shares during the period. Finally, West Branch Capital LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 203 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 1.0 %

iShares 20+ Year Treasury Bond ETF stock opened at $91.05 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The company has a market capitalization of $55.34 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06. The stock has a 50-day moving average price of $88.41 and a 200 day moving average price of $92.15.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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