Twin Peaks Wealth Advisors LLC Has $887,000 Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Twin Peaks Wealth Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 10,154 shares of the exchange traded fund’s stock after buying an additional 1,266 shares during the period. Twin Peaks Wealth Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $887,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of TLT. Independence Bank of Kentucky acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. New Wave Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $32,000. Van ECK Associates Corp grew its position in shares of 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 in the last quarter. Finally, West Branch Capital LLC grew its position in shares of 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 worth $36,000 after purchasing an additional 203 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.3 %

Shares of NASDAQ:TLT opened at $89.87 on Tuesday. The company’s 50 day moving average price is $87.85 and its two-hundred day moving average price is $92.54. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The firm has a market cap of $54.62 billion, a PE 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. Shareholders of record on Monday, February 3rd were given a dividend of $0.3123 per share. The ex-dividend date of this dividend was Monday, February 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.