M Holdings Securities Inc. Makes New $245,000 Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

M Holdings Securities Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,808 shares of the exchange traded fund’s stock, valued at approximately $245,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Prospera Private Wealth LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth about $42,000. Commerce Bank increased its stake in iShares 20+ Year Treasury Bond ETF by 32.7% during the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after buying an additional 2,426 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 56.4% during the third quarter. Advisors Asset Management Inc. now owns 5,281 shares of the exchange traded fund’s stock valued at $518,000 after acquiring an additional 1,905 shares during the last quarter. King Luther Capital Management Corp lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 8.8% in the third quarter. King Luther Capital Management Corp now owns 5,913 shares of the exchange traded fund’s stock valued at $580,000 after acquiring an additional 477 shares in the last quarter. Finally, Meridian Wealth Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth approximately $2,628,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $90.70 on Friday. The stock has a 50 day moving average price of $89.19 and a 200 day moving average price of $91.70. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The stock has a market capitalization of $55.13 billion, a price-to-earnings ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.2898 dividend. The ex-dividend date of this dividend was Monday, March 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.