Bay Harbor Wealth Management LLC Increases Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Bay Harbor Wealth Management LLC increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,080 shares of the exchange traded fund’s stock after acquiring an additional 941 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 0.9% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Bay Harbor Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,889,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of TLT. Independence Bank of Kentucky acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. New Wave Wealth Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $32,000. ORG Wealth Partners LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at $35,000. Finally, West Branch Capital LLC grew its position in iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.7 %

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $87.56 on Tuesday. The firm has a market cap of $53.22 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a twelve month low of $84.89 and a twelve month high of $101.64. The business has a 50-day moving average price of $89.03 and a 200 day moving average price of $93.13.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a $0.3123 dividend. The ex-dividend date of this dividend is 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.