Orion Portfolio Solutions LLC Purchases 3,731 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Orion Portfolio Solutions LLC raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 2.4% in the 4th quarter, HoldingsChannel reports. The firm owned 160,900 shares of the exchange traded fund’s stock after purchasing an additional 3,731 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,051,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of TLT. Principal Financial Group Inc. raised its holdings 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 valued at $8,660,000 after buying an additional 27,586 shares during the last quarter. ST Germain D J Co. Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 73.1% in the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 201 shares during the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 201 shares in the last quarter. Dynasty Wealth Management LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 50.7% during the fourth quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock valued at $79,056,000 after purchasing an additional 304,416 shares during the last quarter. Finally, University of Illinois Foundation increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 121.2% in the fourth quarter. University of Illinois Foundation now owns 1,405,528 shares of the exchange traded fund’s stock valued at $122,745,000 after purchasing an additional 770,040 shares in the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $90.14 on Friday. The company has a 50 day moving average price of $89.51 and a 200 day moving average price of $91.41. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The stock has a market capitalization of $54.79 billion, a PE ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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