Newbridge Financial Services Group Inc. Invests $361,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Newbridge Financial Services Group Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, Holdings Channel.com reports. The firm bought 4,129 shares of the exchange traded fund’s stock, valued at approximately $361,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TLT. Quotient Wealth Partners LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 2.9% in the fourth quarter. Quotient Wealth Partners LLC now owns 577,474 shares of the exchange traded fund’s stock valued at $50,431,000 after buying an additional 16,197 shares during the period. Empowered Funds LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $5,182,000. Counterweight Ventures LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 3.0% in the 4th quarter. Counterweight Ventures LLC now owns 48,845 shares of the exchange traded fund’s stock valued at $4,266,000 after acquiring an additional 1,429 shares during the period. Cantor Fitzgerald Investment Advisors L.P. raised its stake in iShares 20+ Year Treasury Bond ETF by 106.1% in the 4th quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 197,965 shares of the exchange traded fund’s stock valued at $17,288,000 after acquiring an additional 101,922 shares during the period. Finally, Aurelius Family Office LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $638,000. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $89.27 on Monday. The company has a market cap of $54.26 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm’s fifty day moving average price is $88.73 and its two-hundred day moving average price is $93.04. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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