Independent Advisor Alliance Boosts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Independent Advisor Alliance raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 361.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 144,234 shares of the exchange traded fund’s stock after purchasing an additional 113,008 shares during the period. Independent Advisor Alliance’s holdings in iShares 20+ Year Treasury Bond ETF were worth $12,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ TLT opened at $91.05 on Tuesday. The company has a market cap of $55.34 billion, a PE ratio of -7.34 and a beta of 0.06. The business has a 50-day simple moving average of $88.41 and a two-hundred day simple moving average of $92.15. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2898 dividend. The ex-dividend date 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.