Merriman Wealth Management LLC Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Merriman Wealth Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 54,084 shares of the exchange traded fund’s stock, valued at approximately $4,964,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Motco purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $32,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter valued at $34,000. Riggs Asset Managment Co. Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter valued at $35,000. Anfield Capital Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter valued at $36,000. Finally, Palisade Asset Management LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the first quarter valued at $37,000. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $98.88 on Friday. The stock has a market cap of $58.62 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $82.42 and a one year high of $101.64. The stock has a fifty day moving average of $96.96 and a 200 day moving average of $93.66.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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