Theory Financial LLC Acquires 1,773 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Theory Financial LLC boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,743 shares of the exchange traded fund’s stock after buying an additional 1,773 shares during the period. Theory Financial LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,200,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after buying an additional 27,586 shares during the period. Commerce Bank lifted its holdings in iShares 20+ Year Treasury Bond ETF by 32.7% in the third 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 during the period. ST Germain D J Co. Inc. lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares during the last quarter. Cornerstone Wealth Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 201 shares during the last quarter. Finally, Clear Street Derivatives LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $4,205,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $89.57 on Friday. The firm has a 50 day moving average price of $87.86 and a 200-day moving average price of $92.60. 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 capitalization of $54.44 billion, a price-to-earnings ratio of -7.14 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, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.3123 per share. The ex-dividend date 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.