Coordinated Financial Services Inc. Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Coordinated Financial Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,348 shares of the exchange traded fund’s stock, valued at approximately $380,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Assetmark Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after purchasing an additional 4,322,688 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in iShares 20+ Year Treasury Bond ETF by 17.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock valued at $211,751,000 after purchasing an additional 353,468 shares during the period. Hantz Financial Services Inc. raised its position in iShares 20+ Year Treasury Bond ETF by 9.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock valued at $171,007,000 after purchasing an additional 175,574 shares during the period. US Bancorp DE raised its position in iShares 20+ Year Treasury Bond ETF by 78.0% in the fourth quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after purchasing an additional 743,864 shares during the period. Finally, Stifel Financial Corp raised its position in iShares 20+ Year Treasury Bond ETF by 9.5% in the third quarter. Stifel Financial Corp now owns 1,684,820 shares of the exchange traded fund’s stock valued at $165,281,000 after purchasing an additional 145,687 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3 %

TLT stock opened at $90.11 on Friday. The company has a market capitalization of $54.77 billion, a PE ratio of -7.34 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 business’s fifty day moving average price is $88.41 and its 200 day moving average price is $92.19.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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