Beacon Financial Group Acquires 3,706 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Beacon Financial Group raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 12.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,314 shares of the exchange traded fund’s stock after acquiring an additional 3,706 shares during the quarter. Beacon Financial Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,909,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Independence Bank of Kentucky bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $26,000. Richardson Financial Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $30,000. New Wave Wealth Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $32,000. ORG Wealth Partners LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $35,000. Finally, West Branch Capital LLC raised its position in iShares 20+ Year Treasury Bond ETF by 94.9% during the 4th 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. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6 %

NASDAQ TLT opened at $88.43 on Wednesday. The firm has a market capitalization of $53.75 billion, a PE ratio of -7.14 and a beta of 0.06. The business’s 50-day moving average price is $88.54 and its two-hundred day moving average price is $92.99. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.3123 dividend. 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.