Power Alpha Investment Ltd Acquires Shares of 9,200 iShares 20+ Year Treasury Bond ETF $TLT

Power Alpha Investment Ltd bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 9,200 shares of the exchange traded fund’s stock, valued at approximately $6,890,000. iShares 20+ Year Treasury Bond ETF accounts for about 0.7% of Power Alpha Investment Ltd’s investment portfolio, making the stock its 4th biggest position.

A number of other large investors also recently modified their holdings of TLT. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $31,000. Summer Road LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 117.6% during the 1st quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 200 shares in the last quarter. Axiom Investment Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the first quarter worth $32,000. BOK Financial Private Wealth Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $37,000. Finally, WFA of San Diego LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at $46,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $82.04 on Friday. The stock has a market capitalization of $41.32 billion, a P/E ratio of -6.75 and a beta of 0.51. The company has a 50-day moving average price of $84.50 and a 200-day moving average price of $86.07. iShares 20+ Year Treasury Bond ETF has a 1 year low of $81.82 and a 1 year high of $92.18.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a $0.3305 dividend. The ex-dividend date of this dividend was Monday, August 3rd.

iShares 20+ Year Treasury Bond ETF 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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.