Kestra Advisory Services LLC Raises Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Kestra Advisory Services LLC raised its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 37.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 436,498 shares of the exchange traded fund’s stock after buying an additional 119,495 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $38,119,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of TLT. Independence Bank of Kentucky acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at about $26,000. Richardson Financial Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. New Wave Wealth Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $32,000. Van ECK Associates Corp boosted its stake in shares of 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 valued at $34,000 after purchasing an additional 178 shares during the period. Finally, West Branch Capital LLC raised 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 valued at $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 Down 0.5 %

Shares of NASDAQ:TLT opened at $90.17 on Friday. The firm’s 50 day moving average price is $88.65 and its 200 day moving average price is $92.02. The stock has a market cap of $54.81 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06. 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 business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders 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.

iShares 20+ Year Treasury Bond ETF Company 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.