Archford Capital Strategies LLC Buys New Stake in iShares 20+ Year Treasury Bond ETF $TLT

Archford Capital Strategies LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 25,535 shares of the exchange traded fund’s stock, valued at approximately $2,226,000.

Other large investors have also made changes to their positions in the company. Cary Street Partners Investment Advisory LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 130.9% during the second 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 last quarter. Greykasell Wealth Strategies Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth about $27,000. Strategic Investment Advisors MI purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $27,000. Smartleaf Asset Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $33,000. Finally, First Command Advisory Services Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $33,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $86.69 on Wednesday. The company has a market capitalization of $44.98 billion, a P/E ratio of -6.75 and a beta of 0.53. iShares 20+ Year Treasury Bond ETF has a 12 month low of $83.29 and a 12 month high of $94.09. The firm’s fifty day simple moving average is $88.02 and its 200-day simple moving average is $88.74.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.3006 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.