D.A. Davidson & CO. Acquires 93,233 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

D.A. Davidson & CO. grew its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 511.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,451 shares of the exchange traded fund’s stock after buying an additional 93,233 shares during the period. D.A. Davidson & CO.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $9,733,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Alpha Financial Partners LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $2,701,000. Creative Planning raised its position in iShares 20+ Year Treasury Bond ETF by 0.8% during the third quarter. Creative Planning now owns 93,547 shares of the exchange traded fund’s stock valued at $9,177,000 after purchasing an additional 781 shares during the period. Capital Investment Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 7.8% in the 3rd quarter. Capital Investment Advisors LLC now owns 4,557 shares of the exchange traded fund’s stock valued at $447,000 after purchasing an additional 330 shares during the last quarter. First Citizens Bank & Trust Co. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $202,000. Finally, OLD National Bancorp IN boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 31.8% in the 3rd quarter. OLD National Bancorp IN now owns 9,015 shares of the exchange traded fund’s stock worth $884,000 after purchasing an additional 2,175 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

NASDAQ:TLT opened at $88.10 on Wednesday. The firm has a market capitalization of $53.55 billion, a PE ratio of -7.14 and a beta of 0.06. The stock’s fifty day moving average is $88.00 and its 200 day moving average is $92.75. 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 company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid 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.