Avidian Wealth Enterprises LLC Acquires 1,343 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Avidian Wealth Enterprises LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 13.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,202 shares of the exchange traded fund’s stock after acquiring an additional 1,343 shares during the period. Avidian Wealth Enterprises LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $978,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Principal Financial Group Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after buying an additional 27,586 shares during the period. Vontobel Holding Ltd. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the 3rd quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after buying an additional 36,070 shares during the period. Commerce Bank grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after buying an additional 2,426 shares during the period. ST Germain D J Co. Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after buying an additional 201 shares during the period. Finally, Cornerstone Wealth Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after buying an additional 201 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $87.23 on Thursday. The stock has a 50-day moving average of $88.40 and a 200-day moving average of $92.95. The company has a market cap of $53.02 billion, a PE ratio of -7.14 and a beta of 0.06. 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 announced a dividend, which was paid on Thursday, February 6th. Stockholders 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.