Vestmark Advisory Solutions Inc. Acquires 23,811 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Vestmark Advisory Solutions Inc. raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 22.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 131,919 shares of the exchange traded fund’s stock after purchasing an additional 23,811 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $11,520,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. 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 position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $32,000. Van ECK Associates Corp boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 178 shares in the last quarter. Finally, West Branch Capital LLC grew 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 acquiring an additional 203 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8 %

Shares of TLT opened at $90.70 on Thursday. The business has a 50-day simple moving average of $88.24 and a two-hundred day simple moving average of $92.32. 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 market cap of $55.13 billion, a PE ratio of -7.34 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a $0.2898 dividend. The ex-dividend date of this dividend is Monday, March 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.