21,997 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Acquired by Maridea Wealth Management LLC

Maridea Wealth Management LLC bought a new stake in 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 & Exchange Commission. The fund bought 21,997 shares of the exchange traded fund’s stock, valued at approximately $1,921,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 0.6% of Maridea Wealth Management LLC’s investment portfolio, making the stock its 29th largest holding.

Other large investors have also recently added to or reduced their stakes in the company. Independence Bank of Kentucky purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $26,000. Richardson Financial Services Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $30,000. New Wave Wealth Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth about $32,000. Van ECK Associates Corp boosted its position in iShares 20+ Year Treasury Bond ETF by 82.4% during the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 178 shares during the last quarter. Finally, West Branch Capital LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $90.14 on Friday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The company has a market cap of $54.79 billion, a price-to-earnings ratio of -7.21 and a beta of 0.06. The firm has a 50 day moving average price of $89.51 and a 200 day moving average price of $91.41.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders 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 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.