Global View Capital Management LLC Makes New $353,000 Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Global View Capital Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,029 shares of the exchange traded fund’s stock, valued at approximately $353,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of TLT. Principal Financial Group Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after acquiring an additional 27,586 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $314,000. SpiderRock Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $589,000. XML Financial LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $264,000. Finally, State of New Jersey Common Pension Fund D acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter worth about $2,452,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

NASDAQ:TLT opened at $91.05 on Tuesday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The business’s 50-day simple moving average is $88.41 and its 200 day simple moving average is $92.15. The stock has a market cap of $55.34 billion, a price-to-earnings ratio of -7.34 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

About iShares 20+ Year Treasury Bond ETF

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.