Merit Financial Group LLC Raises Holdings in iShares 20+ Year Treasury Bond ETF $TLT

Merit Financial Group LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 100.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 289,543 shares of the exchange traded fund’s stock after buying an additional 144,965 shares during the period. Merit Financial Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $25,022,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Sanctuary Advisors LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 15.1% during the fourth quarter. Sanctuary Advisors LLC now owns 244,123 shares of the exchange traded fund’s stock worth $21,278,000 after buying an additional 31,983 shares in the last quarter. Caldwell Trust Co raised its position in iShares 20+ Year Treasury Bond ETF by 1,038.7% during the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after purchasing an additional 6,045 shares during the last quarter. Rock Creek Group LP raised its position in shares of iShares 20+ Year Treasury Bond ETF by 11.0% during the fourth quarter. Rock Creek Group LP now owns 507,314 shares of the exchange traded fund’s stock worth $44,224,000 after acquiring an additional 50,155 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 15.2% in the 4th quarter. Kestra Private Wealth Services LLC now owns 288,894 shares of the exchange traded fund’s stock worth $25,180,000 after purchasing an additional 38,042 shares during the period. Finally, Waystone Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $1,018,000. 73.33% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $82.11 on Thursday. The stock has a market capitalization of $41.36 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a one year low of $81.89 and a one year high of $92.18. The business has a 50 day simple moving average of $84.62 and a 200 day simple moving average of $86.14.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.3305 dividend. The ex-dividend date was Monday, August 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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.