iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Stock Holdings Increased by GM Advisory Group LLC

GM Advisory Group LLC lifted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 0.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 372,360 shares of the exchange traded fund’s stock after acquiring an additional 1,839 shares during the quarter. iShares 20+ Year Treasury Bond ETF comprises 1.8% of GM Advisory Group LLC’s portfolio, making the stock its 14th largest holding. GM Advisory Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $32,518,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Independence Bank of Kentucky purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth approximately $26,000. Richardson Financial Services Inc. bought a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. New Wave Wealth Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $32,000. Van ECK Associates Corp raised its position in iShares 20+ Year Treasury Bond ETF by 82.4% during the fourth 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 in the last quarter. Finally, West Branch Capital LLC raised its position in iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth 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 in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT opened at $90.71 on Wednesday. The firm has a market cap of $50.98 billion, a PE ratio of -7.21 and a beta of 0.36. The firm’s 50 day moving average price is $88.88 and its 200 day moving average price is $91.79. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.2898 per share. The ex-dividend date of this dividend was Monday, March 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.