Alliance Wealth Advisors LLC UT Invests $1.38 Million in iShares 20+ Year Treasury Bond ETF $TLT

Alliance Wealth Advisors LLC UT purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,423 shares of the exchange traded fund’s stock, valued at approximately $1,378,000.

Other hedge funds also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 130.9% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 284 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 161 shares in the last quarter. Clearstead Trust LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth approximately $25,000. Greykasell Wealth Strategies Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Smartleaf Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $33,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at approximately $33,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $89.41 on Friday. The stock has a market capitalization of $46.39 billion, a PE ratio of -6.75 and a beta of 0.53. The business’s fifty day moving average price is $87.89 and its 200 day moving average price is $88.65. iShares 20+ Year Treasury Bond ETF has a 12-month low of $83.29 and a 12-month high of $94.09.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.3319 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Monday, February 2nd.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.