Jordan Park Group LLC Buys 287,703 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Jordan Park Group LLC increased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 33.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,159,260 shares of the exchange traded fund’s stock after acquiring an additional 287,703 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 7.5% of Jordan Park Group LLC’s holdings, making the stock its 5th largest holding. Jordan Park Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $101,238,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Independence Bank of Kentucky purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $26,000. Richardson Financial Services Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $30,000. New Wave Wealth Advisors LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $32,000. Van ECK Associates Corp grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 82.4% during the fourth quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 178 shares in the last quarter. Finally, West Branch Capital LLC grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.1 %

Shares of TLT stock opened at $88.21 on Thursday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The company has a market capitalization of $53.61 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The stock’s fifty day simple moving average is $87.92 and its 200-day simple moving average is $92.72.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.