Beacon Financial Group Has $2.91 Million Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Beacon Financial Group lifted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 12.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,314 shares of the exchange traded fund’s stock after acquiring an additional 3,706 shares during the period. Beacon Financial Group’s holdings in iShares 20+ Year Treasury Bond ETF were worth $2,909,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Alpha Financial Partners LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $2,701,000. Exchange Traded Concepts LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $659,000. Armstrong Advisory Group Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 27.1% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,351 shares of the exchange traded fund’s stock valued at $133,000 after buying an additional 288 shares in the last quarter. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the third quarter worth approximately $35,000. Finally, Empirical Asset Management LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 2.5% in the third quarter. Empirical Asset Management LLC now owns 6,220 shares of the exchange traded fund’s stock valued at $610,000 after acquiring an additional 152 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 0.6 %

NASDAQ TLT opened at $88.43 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The business has a 50 day moving average price of $88.54 and a 200-day moving average price of $92.99. The company has a market cap of $53.75 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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