Farther Finance Advisors LLC Increases Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Farther Finance Advisors LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 15.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,016 shares of the exchange traded fund’s stock after purchasing an additional 10,606 shares during the quarter. Farther Finance Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,284,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in TLT. Psagot Value Holdings Ltd. Israel bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $25,000. Bfsg LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,400.0% during the 1st quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 294 shares during the period. Motco purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth approximately $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth approximately $34,000. Finally, Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at approximately $35,000. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT traded down $1.04 during mid-day trading on Friday, hitting $96.49. 42,896,190 shares of the stock traded hands, compared to its average volume of 39,761,262. The company has a market cap of $57.20 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The stock has a fifty day moving average price of $94.86 and a 200-day moving average price of $93.00. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $100.57.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were issued a dividend of $0.3149 per share. The ex-dividend date was Thursday, August 1st.

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.