SRS Capital Advisors Inc. Purchases 1,234 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

SRS Capital Advisors Inc. boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 30,850.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,238 shares of the exchange traded fund’s stock after acquiring an additional 1,234 shares during the quarter. SRS Capital Advisors Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $108,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TLT. Richard W. Paul & Associates LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1.7% in the 4th quarter. Richard W. Paul & Associates LLC now owns 112,997 shares of the exchange traded fund’s stock valued at $9,868,000 after purchasing an additional 1,842 shares in the last quarter. US Bancorp DE lifted its stake in iShares 20+ Year Treasury Bond ETF by 78.0% in the 4th quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after purchasing an additional 743,864 shares during the last quarter. Illumine Investment Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $1,829,000. Fortress Financial Group LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $265,000. Finally, Dynasty Wealth Management LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 50.7% during the fourth quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock worth $79,056,000 after buying an additional 304,416 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

Shares of TLT opened at $90.70 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The stock has a market capitalization of $55.13 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06. The stock has a fifty day moving average of $88.24 and a 200-day moving average of $92.32.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be given a $0.2898 dividend. The ex-dividend date of this dividend is 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.