Anthracite Investment Company Inc. Makes New $6.64 Million Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Anthracite Investment Company Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 76,000 shares of the exchange traded fund’s stock, valued at approximately $6,637,000. iShares 20+ Year Treasury Bond ETF comprises approximately 2.3% of Anthracite Investment Company Inc.’s holdings, making the stock its 4th largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Independence Bank of Kentucky acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $26,000. Richardson Financial Services Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. New Wave Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $32,000. Van ECK Associates Corp increased its stake in 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 worth $34,000 after purchasing an additional 178 shares in the last quarter. Finally, West Branch Capital LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth 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 in the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $89.76 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The company has a market cap of $54.56 billion, a PE ratio of -7.21 and a beta of 0.06. The stock has a 50-day simple moving average of $89.36 and a 200 day simple moving average of $91.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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