Townsend & Associates Inc Has $35.06 Million Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Townsend & Associates Inc lifted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 398,518 shares of the exchange traded fund’s stock after purchasing an additional 13,561 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for approximately 3.6% of Townsend & Associates Inc’s holdings, making the stock its 8th largest position. Townsend & Associates Inc’s holdings in iShares 20+ Year Treasury Bond ETF were worth $35,058,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Assetmark Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 3,121.7% during the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after buying an additional 4,322,688 shares in the last quarter. Harvest Portfolios Group Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 33.0% during the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after buying an additional 683,915 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in iShares 20+ Year Treasury Bond ETF by 17.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock valued at $211,751,000 after buying an additional 353,468 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF by 9.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock valued at $171,007,000 after buying an additional 175,574 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in iShares 20+ Year Treasury Bond ETF by 9.5% during the third quarter. Stifel Financial Corp now owns 1,684,820 shares of the exchange traded fund’s stock valued at $165,281,000 after buying an additional 145,687 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 1.2 %

NASDAQ:TLT opened at $89.57 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 firm has a market capitalization of $54.44 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The stock has a fifty day simple moving average of $87.86 and a 200 day simple moving average of $92.60.

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 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.