Paragon Capital Management Inc. Purchases 1,228 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Paragon Capital Management Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 12.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,169 shares of the exchange traded fund’s stock after purchasing an additional 1,228 shares during the quarter. Paragon Capital Management Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $1,096,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in TLT. Northwestern Mutual Wealth Management Co. raised its holdings in iShares 20+ Year Treasury Bond ETF by 2,810.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 32,622,890 shares of the exchange traded fund’s stock worth $2,994,131,000 after acquiring an additional 31,502,110 shares during the last quarter. Jane Street Group LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 49.1% in the first quarter. Jane Street Group LLC now owns 19,599,021 shares of the exchange traded fund’s stock worth $1,854,459,000 after buying an additional 6,457,638 shares during the period. Envestnet Asset Management Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 5.2% during the second quarter. Envestnet Asset Management Inc. now owns 16,418,016 shares of the exchange traded fund’s stock valued at $1,506,846,000 after purchasing an additional 814,240 shares in the last quarter. Cibc World Market Inc. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 21.9% during the 2nd quarter. Cibc World Market Inc. now owns 8,406,190 shares of the exchange traded fund’s stock valued at $771,520,000 after buying an additional 1,511,435 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 7.9% in the second quarter. LPL Financial LLC now owns 4,891,875 shares of the exchange traded fund’s stock worth $448,976,000 after acquiring an additional 359,489 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT opened at $95.31 on Thursday. The stock has a market capitalization of $59.64 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company has a fifty day moving average of $97.72 and a 200 day moving average of $93.92. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares 20+ Year Treasury Bond ETF

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.