Financial Enhancement Group LLC Invests $6.61 Million in iShares 20+ Year Treasury Bond ETF $TLT

Financial Enhancement Group LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 76,524 shares of the exchange traded fund’s stock, valued at approximately $6,613,000.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 125.5% in the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after purchasing an additional 44,234,543 shares during the period. Bank of America Corp DE increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.5% during the 4th quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock worth $9,505,452,000 after purchasing an additional 10,380,437 shares during the period. Morgan Stanley raised its position in shares of iShares 20+ Year Treasury Bond ETF by 31.3% during the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after buying an additional 4,577,906 shares during the last quarter. Pureheart Capital Pte Ltd. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at about $292,683,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 3.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after buying an additional 1,418,641 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $82.82 on Wednesday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $81.89 and a twelve month high of $92.18. The stock has a market cap of $41.72 billion, a PE ratio of -6.75 and a beta of 0.51. The firm has a 50-day simple moving average of $84.98 and a 200 day simple moving average of $86.35.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd will be issued a $0.3305 dividend. The ex-dividend date of this dividend is 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.