Alliance Wealth Advisors LLC UT Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Alliance Wealth Advisors LLC UT acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 111,482 shares of the exchange traded fund’s stock, valued at approximately $11,023,000. iShares 20+ Year Treasury Bond ETF comprises 3.7% of Alliance Wealth Advisors LLC UT’s holdings, making the stock its 3rd biggest position.

A number of other institutional investors have also recently bought and sold shares of TLT. Morgan Stanley raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 19.7% during the 3rd quarter. Morgan Stanley now owns 39,464,377 shares of the exchange traded fund’s stock worth $3,500,096,000 after purchasing an additional 6,505,853 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 135.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 16,120,505 shares of the exchange traded fund’s stock valued at $1,429,728,000 after acquiring an additional 9,270,435 shares in the last quarter. Rafferty Asset Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 17.7% in the 3rd quarter. Rafferty Asset Management LLC now owns 15,620,856 shares of the exchange traded fund’s stock worth $1,385,414,000 after purchasing an additional 2,352,314 shares during the last quarter. LPL Financial LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 102.7% in the 3rd quarter. LPL Financial LLC now owns 4,614,078 shares of the exchange traded fund’s stock worth $409,223,000 after purchasing an additional 2,337,389 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 4.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,191,099 shares of the exchange traded fund’s stock worth $372,384,000 after purchasing an additional 184,475 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT traded up $0.46 on Friday, hitting $88.24. The company had a trading volume of 31,589,821 shares, compared to its average volume of 43,437,523. The company’s fifty day moving average price is $92.48 and its 200 day moving average price is $92.49. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.42 and a 1-year high of $106.76. The stock has a market cap of $45.58 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.3124 dividend. The ex-dividend date was Monday, April 1st. This represents a $3.75 annualized dividend and a yield of 4.25%.

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.