Investment House LLC Purchases New Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Investment House LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 16,512 shares of the exchange traded fund’s stock, valued at approximately $1,442,000.

A number of other large investors have also added to or reduced their stakes in TLT. Independence Bank of Kentucky bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $26,000. Richardson Financial Services Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $30,000. New Wave Wealth Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $32,000. Van ECK Associates Corp raised its stake in iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 178 shares during the period. Finally, West Branch Capital LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 203 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $90.71 on Wednesday. The stock has a market capitalization of $50.98 billion, a price-to-earnings ratio of -7.21 and a beta of 0.36. The business’s fifty day moving average price is $88.88 and its two-hundred day moving average price is $91.79. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.2898 per share. 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.