Rik Saylor Financial Inc. Purchases Shares of 28,668 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Rik Saylor Financial Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, Holdings Channel.com reports. The firm purchased 28,668 shares of the exchange traded fund’s stock, valued at approximately $2,504,000. iShares 20+ Year Treasury Bond ETF makes up about 2.3% of Rik Saylor Financial Inc.’s investment portfolio, making the stock its 14th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Independence Bank of Kentucky acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $30,000. ORG Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $35,000. New Wave Wealth Advisors LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $32,000. Finally, West Branch Capital LLC raised its position in iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th 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 during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $89.89 on Thursday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The stock has a market capitalization of $54.64 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company has a 50-day simple moving average of $88.89 and a 200-day simple moving average of $93.08.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.3123 per share. The ex-dividend date is Monday, February 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.