Murphy & Mullick Capital Management Corp Acquires Shares of 2,878 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Murphy & Mullick Capital Management Corp acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, Holdings Channel.com reports. The firm acquired 2,878 shares of the exchange traded fund’s stock, valued at approximately $251,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC grew its position in iShares 20+ Year Treasury Bond ETF by 4.1% during the 4th quarter. LPL Financial LLC now owns 6,035,096 shares of the exchange traded fund’s stock worth $527,045,000 after purchasing an additional 235,504 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in iShares 20+ Year Treasury Bond ETF by 17.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock valued at $211,751,000 after acquiring an additional 353,468 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in iShares 20+ Year Treasury Bond ETF by 36.2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 2,230,371 shares of the exchange traded fund’s stock worth $194,778,000 after purchasing an additional 592,846 shares in the last quarter. Hantz Financial Services Inc. grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 9.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock worth $171,007,000 after purchasing an additional 175,574 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 5.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,840,482 shares of the exchange traded fund’s stock valued at $160,729,000 after purchasing an additional 91,847 shares in the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT opened at $89.76 on Wednesday. The firm has a fifty day moving average price of $89.36 and a 200 day moving average price of $91.51. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64. The stock has a market cap of $54.56 billion, a P/E ratio of -7.21 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.2898 per share. The ex-dividend date of this dividend was Monday, March 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.