Rik Saylor Financial Inc. Buys Shares of 28,668 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Rik Saylor Financial Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 28,668 shares of the exchange traded fund’s stock, valued at approximately $2,504,000. iShares 20+ Year Treasury Bond ETF comprises 2.3% of Rik Saylor Financial Inc.’s portfolio, making the stock its 14th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in TLT. Assetmark Inc. grew its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% in the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after acquiring an additional 4,322,688 shares in the last quarter. Harvest Portfolios Group Inc. boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 33.0% in the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after purchasing an additional 683,915 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 17.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock valued at $211,751,000 after purchasing an additional 353,468 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 9.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock worth $171,007,000 after buying an additional 175,574 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 25.4% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,748,635 shares of the exchange traded fund’s stock valued at $171,541,000 after buying an additional 354,610 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Up 1.7 %

iShares 20+ Year Treasury Bond ETF stock opened at $89.89 on Thursday. The firm has a market capitalization of $54.64 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The stock’s fifty day simple moving average is $88.89 and its 200-day simple moving average is $93.08.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be issued a $0.3123 dividend. The ex-dividend date is Monday, February 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.