Horizon Investments LLC Purchases 79,259 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Horizon Investments LLC raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 92.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 165,233 shares of the exchange traded fund’s stock after acquiring an additional 79,259 shares during the quarter. Horizon Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,379,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hollencrest Capital Management lifted its stake in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Hollencrest Capital Management now owns 14,419 shares of the exchange traded fund’s stock valued at $1,259,000 after purchasing an additional 122 shares during the last quarter. New Republic Capital LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 12.2% in the fourth quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock valued at $113,000 after buying an additional 140 shares during the last quarter. Pinnacle Family Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.3% during the 3rd quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after acquiring an additional 147 shares during the period. Claro Advisors LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 0.9% during the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after acquiring an additional 149 shares during the last quarter. Finally, Latko Wealth Management Ltd. increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 4.3% during the 4th quarter. Latko Wealth Management Ltd. now owns 3,659 shares of the exchange traded fund’s stock worth $320,000 after acquiring an additional 150 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $90.62 on Tuesday. The business has a fifty day simple moving average of $88.78 and a two-hundred day simple moving average of $91.83. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The company has a market capitalization of $55.08 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2898 per share. The ex-dividend date of this dividend 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.