Wealth Alliance Takes $320,000 Position in iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH)

Wealth Alliance bought a new stake in iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,952 shares of the company’s stock, valued at approximately $320,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Forum Financial Management LP raised its position in iShares 10-20 Year Treasury Bond ETF by 7.8% in the third quarter. Forum Financial Management LP now owns 6,457,236 shares of the company’s stock valued at $635,844,000 after purchasing an additional 465,570 shares during the period. Truist Financial Corp raised its position in iShares 10-20 Year Treasury Bond ETF by 73.0% in the third quarter. Truist Financial Corp now owns 3,218,080 shares of the company’s stock valued at $316,884,000 after purchasing an additional 1,357,503 shares during the period. BlackRock Inc. raised its position in iShares 10-20 Year Treasury Bond ETF by 17.3% in the second quarter. BlackRock Inc. now owns 1,766,890 shares of the company’s stock valued at $195,718,000 after purchasing an additional 261,063 shares during the period. Morgan Stanley grew its stake in shares of iShares 10-20 Year Treasury Bond ETF by 43.0% in the fourth quarter. Morgan Stanley now owns 1,529,229 shares of the company’s stock worth $165,432,000 after acquiring an additional 459,708 shares in the last quarter. Finally, Congress Wealth Management LLC DE grew its stake in shares of iShares 10-20 Year Treasury Bond ETF by 1.1% in the third quarter. Congress Wealth Management LLC DE now owns 1,083,154 shares of the company’s stock worth $106,658,000 after acquiring an additional 12,162 shares in the last quarter.

iShares 10-20 Year Treasury Bond ETF Stock Performance

NYSEARCA:TLH opened at $99.48 on Friday. The company has a fifty day simple moving average of $103.23 and a two-hundred day simple moving average of $102.39. iShares 10-20 Year Treasury Bond ETF has a 52 week low of $93.08 and a 52 week high of $115.32.

iShares 10-20 Year Treasury Bond ETF Company Profile

The iShares 10-20 Year Treasury Bond ETF (TLH) is an exchange-traded fund that is based on the ICE U.S. Treasury 10-20 Year TR index. The fund tracks a market-weighted index of debt issued by the U.S. Treasury TLH was launched on Jan 5, 2007 and is managed by BlackRock.