Cavalier Investments LLC Boosts Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cavalier Investments LLC grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,186 shares of the exchange traded fund’s stock after buying an additional 1,671 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for 1.4% of Cavalier Investments LLC’s investment portfolio, making the stock its 14th largest position. Cavalier Investments LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,295,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TLT. LGL Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $2,741,000. FFT Wealth Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $7,838,000. Twin Peaks Wealth Advisors LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 14.2% in the 4th quarter. Twin Peaks Wealth Advisors LLC now owns 10,154 shares of the exchange traded fund’s stock valued at $887,000 after purchasing an additional 1,266 shares during the last quarter. Bank of New York Mellon Corp raised its stake in iShares 20+ Year Treasury Bond ETF by 5.4% in the 4th quarter. Bank of New York Mellon Corp now owns 945,303 shares of the exchange traded fund’s stock valued at $82,553,000 after purchasing an additional 48,563 shares during the last quarter. Finally, Prasad Wealth Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $250,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ TLT opened at $91.42 on Wednesday. The business has a fifty day moving average price of $87.86 and a 200 day moving average price of $92.50. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The company has a market cap of $55.57 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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