Fortress Financial Group LLC Purchases Shares of 3,036 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Fortress Financial Group LLC bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,036 shares of the exchange traded fund’s stock, valued at approximately $265,000.

Other hedge funds have also bought and sold shares of the company. Divergent Wealth Advisors boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 1.1% during the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock valued at $1,066,000 after acquiring an additional 117 shares during the last quarter. New Republic Capital LLC grew its holdings in iShares 20+ Year Treasury Bond ETF by 12.2% during the 4th quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock valued at $113,000 after purchasing an additional 140 shares during the last quarter. Pinnacle Family Advisors LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.3% during the third quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock valued at $242,000 after buying an additional 147 shares during the last quarter. Claro Advisors LLC grew its position in iShares 20+ Year Treasury Bond ETF by 0.9% in the 4th quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock valued at $1,428,000 after acquiring an additional 149 shares during the last quarter. Finally, Latko Wealth Management Ltd. increased its stake in iShares 20+ Year Treasury Bond ETF by 4.3% in the 4th quarter. Latko Wealth Management Ltd. now owns 3,659 shares of the exchange traded fund’s stock worth $320,000 after buying an additional 150 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $91.31 on Friday. The company has a 50 day moving average price of $87.99 and a 200-day moving average price of $92.49. The company has a market capitalization of $55.50 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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