Empowered Funds LLC Buys Shares of 59,341 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Empowered Funds LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 59,341 shares of the exchange traded fund’s stock, valued at approximately $5,182,000.

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

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $88.43 on Wednesday. The company has a market capitalization of $53.75 billion, a PE ratio of -7.14 and a beta of 0.06. The stock has a fifty day moving average of $88.54 and a 200-day moving average of $92.99. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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