Sovereign Financial Group Inc. Acquires New Position in iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH)

Sovereign Financial Group Inc. acquired a new stake in iShares 10-20 Year Treasury Bond ETF (NYSEARCA:TLH) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,086 shares of the company’s stock, valued at approximately $735,000.

Other hedge funds have also recently modified their holdings of the company. Midwest Capital Advisors LLC purchased a new stake in shares of iShares 10-20 Year Treasury Bond ETF in the fourth quarter valued at about $26,000. Coppell Advisory Solutions LLC grew its holdings in shares of iShares 10-20 Year Treasury Bond ETF by 51.1% in the fourth quarter. Coppell Advisory Solutions LLC now owns 426 shares of the company’s stock valued at $43,000 after purchasing an additional 144 shares during the period. Ameriflex Group Inc. purchased a new stake in shares of iShares 10-20 Year Treasury Bond ETF in the fourth quarter valued at about $54,000. Asset Planning Inc purchased a new stake in shares of iShares 10-20 Year Treasury Bond ETF in the fourth quarter valued at about $75,000. Finally, GAMMA Investing LLC acquired a new position in iShares 10-20 Year Treasury Bond ETF in the first quarter valued at about $75,000.

iShares 10-20 Year Treasury Bond ETF Stock Down 1.1%

NYSEARCA TLH opened at $98.61 on Friday. The firm’s 50-day moving average is $100.33 and its two-hundred day moving average is $101.19. iShares 10-20 Year Treasury Bond ETF has a 12 month low of $96.74 and a 12 month high of $111.83.

About iShares 10-20 Year Treasury Bond ETF

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.