Summit Wealth Group LLC Raises Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Summit Wealth Group LLC raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.9% in the 4th quarter, HoldingsChannel.com reports. The fund owned 46,493 shares of the exchange traded fund’s stock after acquiring an additional 2,606 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises approximately 1.2% of Summit Wealth Group LLC’s holdings, making the stock its 23rd largest position. Summit Wealth Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,060,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Independence Bank of Kentucky acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $30,000. New Wave Wealth Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $32,000. Van ECK Associates Corp grew its position in shares of iShares 20+ Year Treasury Bond ETF by 82.4% during the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 178 shares in the last quarter. Finally, West Branch Capital LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 203 shares in the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $91.42 on Wednesday. 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 PE ratio of -7.14 and a beta of 0.06. The business has a 50-day simple moving average of $87.86 and a 200-day simple moving average of $92.50.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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