NewEdge Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report) by 72.2% in the 2nd quarter, Holdings Channel reports. The fund owned 431,294 shares of the exchange traded fund’s stock after acquiring an additional 180,882 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $39,584,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Motco bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth about $32,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Riggs Asset Managment Co. Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $35,000. Anfield Capital Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $36,000. Finally, Palisade Asset Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $37,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.
iShares 20+ Year Treasury Bond ETF Price Performance
Shares of NASDAQ:TLT opened at $98.57 on Friday. The company’s 50-day moving average price is $97.44 and its two-hundred day moving average price is $93.74. iShares 20+ Year Treasury Bond ETF has a one year low of $82.42 and a one year high of $101.64. The stock has a market capitalization of $58.43 billion, a PE ratio of -7.14 and a beta of 0.06.
iShares 20+ Year Treasury Bond ETF Cuts Dividend
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.
Recommended Stories
- Five stocks we like better than iShares 20+ Year Treasury Bond ETF
- Canada Bond Market Holiday: How to Invest and Trade
- Simon Property REIT: A Safe Bet for Growth and Steady Dividends
- Unveiling The Power Of VWAP: A Key Indicator For Traders
- CarMax’s Impressive Rally: What Investors Should Watch Next
- Breakout Stocks: What They Are and How to Identify Them
- MarketBeat Week in Review – 9/23 – 9/27
Want to see what other hedge funds are holding TLT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT – Free Report).
Receive News & Ratings for iShares 20+ Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 20+ Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.