5T Wealth LLC Invests $1.77 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

5T Wealth LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,279 shares of the exchange traded fund’s stock, valued at approximately $1,771,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Principal Financial Group Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after purchasing an additional 27,586 shares in the last quarter. Commerce Bank increased its position in iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after acquiring an additional 2,426 shares during the period. ST Germain D J Co. Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 201 shares during the period. Cornerstone Wealth Management LLC increased its position in iShares 20+ Year Treasury Bond ETF by 5.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after acquiring an additional 201 shares during the period. Finally, U.S. Capital Wealth Advisors LLC increased its position in iShares 20+ Year Treasury Bond ETF by 30.0% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 1,192,800 shares of the exchange traded fund’s stock valued at $117,014,000 after acquiring an additional 275,095 shares during the period. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.5 %

Shares of TLT stock opened at $89.15 on Monday. The stock has a market capitalization of $54.19 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The stock’s 50-day moving average price is $88.19 and its 200 day moving average price is $92.87.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.3123 dividend. The ex-dividend date was Monday, February 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.