EverSource Wealth Advisors LLC Raises Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

EverSource Wealth Advisors LLC boosted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 1,645.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 49,805 shares of the exchange traded fund’s stock after acquiring an additional 46,952 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,350,000 at the end of the most recent reporting period.

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

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $90.40 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The firm has a market cap of $54.95 billion, a P/E ratio of -7.34 and a beta of 0.06. The firm’s fifty day moving average is $88.54 and its 200-day moving average is $92.04.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.2898 dividend. The ex-dividend date was Monday, March 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.