Principal Securities Inc. Buys 56,527 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Principal Securities Inc. lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 75.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 130,956 shares of the exchange traded fund’s stock after buying an additional 56,527 shares during the period. Principal Securities Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,436,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Independence Bank of Kentucky acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $26,000. Richardson Financial Services Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $30,000. New Wave Wealth Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at about $32,000. Van ECK Associates Corp lifted its stake in 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 boosted its holdings in 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 valued at $36,000 after purchasing an additional 203 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $89.15 on Friday. The business has a 50 day simple moving average of $88.19 and a 200 day simple moving average of $92.88. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The company has a market capitalization of $54.19 billion, a PE ratio of -7.14 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, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.3123 dividend. The ex-dividend date was Monday, February 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.