162,659 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Bought by Edgestream Partners L.P.

Edgestream Partners L.P. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 162,659 shares of the exchange traded fund’s stock, valued at approximately $14,929,000. iShares 20+ Year Treasury Bond ETF accounts for 0.7% of Edgestream Partners L.P.’s investment portfolio, making the stock its 6th biggest position.

A number of other hedge funds also recently bought and sold shares of the stock. Motco purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $34,000. Riggs Asset Managment Co. Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $35,000. Anfield Capital Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the 2nd quarter worth about $36,000. Finally, Palisade Asset Management LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter worth about $37,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.9 %

TLT stock opened at $101.33 on Tuesday. The business has a 50 day moving average price of $96.27 and a 200 day moving average price of $93.45. The stock has a market cap of $60.07 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $101.37.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 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.