New York Life Investment Management LLC Acquires 48,344 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

New York Life Investment Management LLC increased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 86.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,228 shares of the exchange traded fund’s stock after buying an additional 48,344 shares during the period. New York Life Investment Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,102,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Independence Bank of Kentucky bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. New Wave Wealth Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $32,000. Van ECK Associates Corp grew its holdings in iShares 20+ Year Treasury Bond ETF by 82.4% in 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 grew its holdings in iShares 20+ Year Treasury Bond ETF by 94.9% in 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 Trading Down 0.7 %

Shares of TLT opened at $91.31 on Friday. The firm has a market cap of $55.50 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The stock has a fifty day moving average price of $87.99 and a 200-day moving average price of $92.49.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.3123 dividend. The ex-dividend date was Monday, February 3rd.

iShares 20+ Year Treasury Bond ETF Company 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.