Midland Wealth Advisors LLC Buys 47,903 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Midland Wealth Advisors LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 612,085 shares of the exchange traded fund’s stock after purchasing an additional 47,903 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 3.2% of Midland Wealth Advisors LLC’s portfolio, making the stock its 11th largest holding. Midland Wealth Advisors LLC owned about 0.10% of iShares 20+ Year Treasury Bond ETF worth $53,453,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in iShares 20+ Year Treasury Bond ETF by 150.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,750 shares of the exchange traded fund’s stock valued at $1,910,000 after acquiring an additional 13,050 shares during the period. NBT Bank N A NY grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 15.0% during the 4th quarter. NBT Bank N A NY now owns 56,351 shares of the exchange traded fund’s stock valued at $4,921,000 after purchasing an additional 7,343 shares during the period. Bell Investment Advisors Inc increased its position in shares of iShares 20+ Year Treasury Bond ETF by 7.8% during the 4th quarter. Bell Investment Advisors Inc now owns 355,010 shares of the exchange traded fund’s stock valued at $31,003,000 after purchasing an additional 25,720 shares during the last quarter. American Assets Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $437,000. Finally, Coordinated Financial Services Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $380,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.3 %

TLT opened at $90.11 on Monday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The company has a market cap of $54.77 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06. The company’s 50 day moving average is $88.41 and its 200 day moving average is $92.15.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2898 per share. The ex-dividend date was Monday, March 3rd.

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.