LGL Partners LLC Acquires New Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

LGL Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 31,383 shares of the exchange traded fund’s stock, valued at approximately $2,741,000. iShares 20+ Year Treasury Bond ETF accounts for about 0.4% of LGL Partners LLC’s investment portfolio, making the stock its 26th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Assetmark Inc. grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 3,121.7% in the third quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock worth $437,640,000 after purchasing an additional 4,322,688 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $89,789,000. IMC Chicago LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 440.7% in the 3rd quarter. IMC Chicago LLC now owns 1,045,193 shares of the exchange traded fund’s stock valued at $102,533,000 after buying an additional 851,884 shares during the period. Cassaday & Co Wealth Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $68,474,000. Finally, Harvest Portfolios Group Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 33.0% during the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock worth $270,139,000 after acquiring an additional 683,915 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $91.42 on Wednesday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The company has a market capitalization of $55.57 billion, a PE ratio of -7.14 and a beta of 0.06. The company has a 50 day moving average price of $87.86 and a 200-day moving average price of $92.50.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.3123 per share. The ex-dividend date of this dividend was Monday, February 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.