Financial Enhancement Group LLC Makes New $6.61 Million Investment in iShares 20+ Year Treasury Bond ETF $TLT

Financial Enhancement Group LLC purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 76,524 shares of the exchange traded fund’s stock, valued at approximately $6,613,000.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock worth $784,229,000 after buying an additional 44,234,543 shares during the period. Bank of America Corp DE grew its stake in iShares 20+ Year Treasury Bond ETF by 10.5% in the 4th quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock valued at $9,505,452,000 after buying an additional 10,380,437 shares during the last quarter. Morgan Stanley raised its holdings in iShares 20+ Year Treasury Bond ETF by 31.3% in the 4th quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock worth $1,672,338,000 after acquiring an additional 4,577,906 shares during the period. Pureheart Capital Pte Ltd. bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $292,683,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in iShares 20+ Year Treasury Bond ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock worth $3,760,094,000 after acquiring an additional 1,418,641 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $82.82 on Wednesday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $81.89 and a fifty-two week high of $92.18. The firm has a fifty day moving average price of $84.98 and a two-hundred day moving average price of $86.35. The firm has a market cap of $41.72 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be paid a $0.3305 dividend. The ex-dividend date is Monday, August 3rd.

iShares 20+ Year Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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