Alliance Wealth Advisors LLC UT Invests $1.38 Million in iShares 20+ Year Treasury Bond ETF $TLT

Alliance Wealth Advisors LLC UT purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 3rd quarter, HoldingsChannel reports. The firm purchased 15,423 shares of the exchange traded fund’s stock, valued at approximately $1,378,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Clearstead Trust LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $25,000. Cary Street Partners Investment Advisory LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 130.9% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 161 shares during the period. Greykasell Wealth Strategies Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $27,000. Ameritas Investment Partners Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $33,000. Finally, First Command Advisory Services Inc. bought a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $33,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.2%

TLT opened at $89.41 on Friday. The business’s 50 day moving average is $87.89 and its 200-day moving average is $88.65. The stock has a market cap of $46.39 billion, a PE ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a twelve month low of $83.29 and a twelve month high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.3319 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.5%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.