Fairvoy Private Wealth LLC Invests $277,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Fairvoy Private Wealth LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, Holdings Channel reports. The institutional investor bought 3,169 shares of the exchange traded fund’s stock, valued at approximately $277,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of TLT. Alpha Financial Partners LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $2,701,000. Keeler & Nadler Financial Planning & Wealth Management increased its position in iShares 20+ Year Treasury Bond ETF by 36.5% in the 3rd quarter. Keeler & Nadler Financial Planning & Wealth Management now owns 29,405 shares of the exchange traded fund’s stock valued at $2,885,000 after acquiring an additional 7,859 shares during the period. Pinnacle Bancorp Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 11.9% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 3,079 shares of the exchange traded fund’s stock valued at $302,000 after acquiring an additional 328 shares during the last quarter. Watts Gwilliam & Co. LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth approximately $5,504,000. Finally, Private Advisory Group LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $2,599,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.6 %

NASDAQ:TLT opened at $89.27 on Friday. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64. The stock’s 50 day simple moving average is $88.73 and its 200-day simple moving average is $93.03. The firm has a market cap of $54.26 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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