iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Acquired by Scarborough Advisors LLC

Scarborough Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 332,745 shares of the exchange traded fund’s stock after buying an additional 18,704 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 4.1% of Scarborough Advisors LLC’s portfolio, making the stock its 9th biggest position. Scarborough Advisors LLC owned 0.06% of iShares 20+ Year Treasury Bond ETF worth $29,059,000 at the end of the most recent reporting period.

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

iShares 20+ Year Treasury Bond ETF Stock Up 0.5 %

Shares of TLT opened at $89.15 on Friday. The stock has a 50 day moving average price of $88.19 and a 200 day moving average price of $92.89. The company has a market capitalization of $54.19 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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