71,440 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Purchased by Sierra Ocean LLC

Sierra Ocean LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 71,440 shares of the exchange traded fund’s stock, valued at approximately $6,239,000. iShares 20+ Year Treasury Bond ETF comprises about 5.1% of Sierra Ocean LLC’s investment portfolio, making the stock its 7th largest position.

Several other hedge funds have also recently modified their holdings of the stock. Principal Financial Group Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 45.5% during the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after acquiring an additional 27,586 shares in the last quarter. Commerce Bank grew 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 valued at $965,000 after acquiring an additional 2,426 shares in the last quarter. ST Germain D J Co. Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after acquiring an additional 201 shares in the last quarter. Cornerstone Wealth Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after acquiring an additional 201 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 30.0% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 1,192,800 shares of the exchange traded fund’s stock valued at $117,014,000 after acquiring an additional 275,095 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5 %

Shares of NASDAQ TLT opened at $89.15 on Monday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The stock has a market cap of $54.19 billion, a PE ratio of -7.14 and a beta of 0.06. The company has a 50-day moving average of $88.19 and a 200 day moving average of $92.87.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared 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 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.