Murphy & Mullick Capital Management Corp Buys Shares of 2,878 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Murphy & Mullick Capital Management Corp purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,878 shares of the exchange traded fund’s stock, valued at approximately $251,000.

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

iShares 20+ Year Treasury Bond ETF Trading Down 0.0 %

NASDAQ TLT opened at $89.76 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The company has a fifty day simple moving average of $89.36 and a two-hundred day simple moving average of $91.51. The stock has a market cap of $54.56 billion, a P/E ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared 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 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.