Tucker Asset Management LLC Buys 865 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Tucker Asset Management LLC lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 63.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,235 shares of the exchange traded fund’s stock after buying an additional 865 shares during the period. Tucker Asset Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $195,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of TLT. Independence Bank of Kentucky acquired a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth $26,000. Richardson Financial Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $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 lifted its holdings in iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 178 shares during the last quarter. Finally, West Branch Capital LLC boosted its position 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 valued at $36,000 after buying an additional 203 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 1.4 %

NASDAQ TLT 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 50 day moving average of $89.51 and a 200-day moving average of $91.41. The firm has a market cap of $54.79 billion, a price-to-earnings ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.2898 per share. 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.