Meridian Wealth Partners LLC Makes New $297,000 Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Meridian Wealth Partners LLC purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,008 shares of the exchange traded fund’s stock, valued at approximately $297,000.

Several other hedge funds and other institutional investors have also modified their holdings of TLT. Paradigm Financial Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth $205,000. Stonebrook Private Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $9,726,000. Principle Wealth Partners LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $250,000. Transcend Capital Advisors LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 13.6% during the fourth quarter. Transcend Capital Advisors LLC now owns 44,450 shares of the exchange traded fund’s stock worth $4,395,000 after acquiring an additional 5,338 shares during the last quarter. Finally, Consolidated Planning Corp increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,317.4% in the 4th quarter. Consolidated Planning Corp now owns 350,185 shares of the exchange traded fund’s stock worth $34,626,000 after acquiring an additional 325,479 shares during the period. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Up 0.5 %

iShares 20+ Year Treasury Bond ETF stock traded up $0.46 during midday trading on Friday, reaching $88.24. 31,589,821 shares of the stock traded hands, compared to its average volume of 43,437,523. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $106.76. The firm has a market cap of $44.68 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06. The firm has a fifty day moving average price of $92.39 and a two-hundred day moving average price of $92.50.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.3124 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.75 annualized dividend and a dividend yield of 4.25%.

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.