iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Bought by Modern Wealth Management LLC

Modern Wealth Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 100.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 76,980 shares of the exchange traded fund’s stock after buying an additional 38,483 shares during the period. Modern Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,851,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after purchasing an additional 27,586 shares during the period. Commerce Bank grew its holdings in iShares 20+ Year Treasury Bond ETF by 32.7% during the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 2,426 shares in the last quarter. ST Germain D J Co. Inc. grew its holdings in 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 valued at $42,000 after purchasing an additional 201 shares in the last quarter. Cornerstone Wealth Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 5.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 201 shares in the last quarter. Finally, Dynasty Wealth Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 50.7% in the 4th 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 owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $89.77 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The business has a 50-day moving average of $89.27 and a 200-day moving average of $91.58. The company has a market capitalization of $54.56 billion, a PE ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2898 per share. 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.