Lyell Wealth Management LP Makes New $971,000 Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Lyell Wealth Management LP purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 10,577 shares of the exchange traded fund’s stock, valued at approximately $971,000.

Several other institutional investors also recently made changes to their positions in the stock. 4Thought Financial Group Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 70.6% in the first quarter. 4Thought Financial Group Inc. now owns 39,240 shares of the exchange traded fund’s stock valued at $3,713,000 after acquiring an additional 16,242 shares during the last quarter. TSA Wealth Managment LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $6,875,000. Envestnet Asset Management Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 6.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 17,210,704 shares of the exchange traded fund’s stock worth $1,701,794,000 after purchasing an additional 1,090,199 shares in the last quarter. Gladstone Institutional Advisory LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 1,782.1% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 70,297 shares of the exchange traded fund’s stock valued at $6,951,000 after buying an additional 66,562 shares during the period. Finally, Dymon Asia Capital Singapore PTE. LTD. acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $519,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 0.3 %

iShares 20+ Year Treasury Bond ETF stock opened at $100.41 on Friday. The firm has a fifty day moving average of $96.27 and a 200-day moving average of $93.45. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.42 and a 52-week high of $101.24. The firm has a market capitalization of $59.52 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.3128 dividend. The ex-dividend date of this dividend was Tuesday, September 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.