SPC Financial Inc. Grows Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

SPC Financial Inc. raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,098 shares of the exchange traded fund’s stock after acquiring an additional 188 shares during the period. SPC Financial Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $271,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. BCM Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 14.9% in the fourth quarter. BCM Advisors LLC now owns 396,356 shares of the exchange traded fund’s stock valued at $35,628,000 after purchasing an additional 51,479 shares during the last quarter. Triad Wealth Partners LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 168.7% in the fourth quarter. Triad Wealth Partners LLC now owns 32,964 shares of the exchange traded fund’s stock valued at $2,879,000 after purchasing an additional 20,696 shares during the last quarter. Exencial Wealth Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 1.1% in the fourth quarter. Exencial Wealth Advisors LLC now owns 179,524 shares of the exchange traded fund’s stock valued at $15,678,000 after purchasing an additional 1,943 shares during the last quarter. Synergy Investment Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $7,056,000. Finally, Steward Partners Investment Advisory LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 9.4% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 140,369 shares of the exchange traded fund’s stock valued at $12,258,000 after purchasing an additional 12,077 shares during the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Down 0.8 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $90.70 on Thursday. The firm has a market capitalization of $55.13 billion, a P/E ratio of -7.34 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The firm’s 50 day moving average is $88.24 and its two-hundred day moving average is $92.32.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a $0.2898 dividend. The ex-dividend date of this dividend is 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.