Prasad Wealth Partners LLC Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Prasad Wealth Partners LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,868 shares of the exchange traded fund’s stock, valued at approximately $250,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Divergent Wealth Advisors boosted its stake in iShares 20+ Year Treasury Bond ETF by 1.1% during the 3rd quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock worth $1,066,000 after purchasing an additional 117 shares during the last quarter. New Republic Capital LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 12.2% in the fourth quarter. New Republic Capital LLC now owns 1,289 shares of the exchange traded fund’s stock worth $113,000 after buying an additional 140 shares in the last quarter. Pinnacle Family Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 6.3% in the third quarter. Pinnacle Family Advisors LLC now owns 2,472 shares of the exchange traded fund’s stock worth $242,000 after buying an additional 147 shares in the last quarter. Claro Advisors LLC boosted its position in iShares 20+ Year Treasury Bond ETF by 0.9% during the fourth quarter. Claro Advisors LLC now owns 16,347 shares of the exchange traded fund’s stock worth $1,428,000 after acquiring an additional 149 shares during the last quarter. Finally, Latko Wealth Management Ltd. grew its stake in iShares 20+ Year Treasury Bond ETF by 4.3% during the 4th quarter. Latko Wealth Management Ltd. now owns 3,659 shares of the exchange traded fund’s stock valued at $320,000 after acquiring an additional 150 shares in the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3 %

TLT stock opened at $89.87 on Tuesday. The firm has a 50-day moving average of $87.85 and a two-hundred day moving average of $92.54. iShares 20+ Year Treasury Bond ETF has a 12 month low of $84.89 and a 12 month high of $101.64. The company has a market cap of $54.62 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued 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.