iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) is Scarborough Advisors LLC’s 9th Largest Position

Scarborough Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 332,745 shares of the exchange traded fund’s stock after buying an additional 18,704 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 4.1% of Scarborough Advisors LLC’s portfolio, making the stock its 9th biggest position. Scarborough Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $29,059,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TLT. Independence Bank of Kentucky purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $26,000. Richardson Financial Services Inc. purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. New Wave Wealth Advisors LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $32,000. Van ECK Associates Corp raised its stake in shares of 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 last quarter. Finally, West Branch Capital LLC raised its stake in shares of 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 worth $36,000 after purchasing an additional 203 shares during the last quarter. Hedge funds and other 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. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The business has a 50 day simple moving average of $88.19 and a 200-day simple moving average of $92.89. The stock 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 business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.3123 per share. 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.