Northwest & Ethical Investments L.P. Invests $1.23 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Northwest & Ethical Investments L.P. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 14,087 shares of the exchange traded fund’s stock, valued at approximately $1,230,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in TLT. Wealthfront Advisers LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,901.0% during the fourth quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock worth $138,741,000 after purchasing an additional 1,509,302 shares during the last quarter. Quadrature Capital Ltd bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $89,789,000. Cassaday & Co Wealth Management LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $68,474,000. US Bancorp DE boosted its holdings in iShares 20+ Year Treasury Bond ETF by 78.0% in the fourth quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after acquiring an additional 743,864 shares during the last quarter. Finally, DRW Securities LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $63,060,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $90.70 on Friday. The business’s 50 day simple moving average is $89.19 and its 200 day simple moving average is $91.74. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The stock has a market capitalization of $50.97 billion, a PE ratio of -7.21 and a beta of 0.36.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.2898 dividend. The ex-dividend date was Monday, March 3rd.

iShares 20+ Year Treasury Bond ETF Company 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.