Measured Wealth Private Client Group LLC has increased its investment in the iShares 20+ Year Treasury Bond ETF, raising its stake by 1.8% in the second quarter of 2023. According to Holdings Channel, the firm now holds 69,290 shares of the fund, having purchased an additional 1,230 shares during this period. This investment represents approximately 1.8% of Measured Wealth’s overall portfolio, making it the company’s 12th largest position with a value of about $6,115,000 as reported in its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also made significant moves regarding the iShares 20+ Year Treasury Bond ETF (NASDAQ: TLT). Notably, Goldman Sachs Group Inc. expanded its position by an impressive 200.6% in the first quarter, now owning 36,052,581 shares valued at $3.28 billion after acquiring an additional 71,888,500 shares. Similarly, JPMorgan Chase & Co. increased its holdings by 84.9% in the second quarter, bringing their total to 7,909,435 shares worth $698 million after purchasing 3,632,572 additional shares.
Another noteworthy investor, Simplex Trading LLC, entered the market with a new position valued at approximately $278.37 million, while Northwestern Mutual Wealth Management Co. raised its stake by 6.6%, now holding 40,525,707 shares worth $3.58 billion. Additionally, Eisler Capital Management Ltd. acquired a new stake valued at $94.84 million.
Stock Performance and Market Insights
As of the latest trading session, shares of the iShares 20+ Year Treasury Bond ETF opened at $90.64. Over the past year, the ETF has seen a low of $83.29 and a high of $94.85. The fund’s fifty-day moving average stands at $90.00, while the 200-day moving average is $87.90. With a market capitalization of $49.65 billion, the ETF has a price-to-earnings ratio of -6.75 and a beta of 0.53, indicating a relatively stable investment compared to market fluctuations.
The iShares 20+ Year Treasury Bond ETF aims to replicate the performance of the Barclays U.S. 20+ Year Treasury Bond Index, which includes U.S. Treasury bonds with remaining maturities exceeding 20 years. This focus on long-term bonds makes the ETF an appealing option for investors seeking stability in uncertain economic conditions.
In a market where institutional investment plays a critical role, approximately 73.33% of the iShares 20+ Year Treasury Bond ETF is currently held by institutional investors and hedge funds. This trend highlights the growing confidence among large financial entities in long-term U.S. Treasury securities, particularly during periods of volatility.
As the financial landscape continues to evolve, the movements of firms like Measured Wealth Private Client Group LLC and others may signal shifting strategies in asset allocation. Investors closely monitoring these developments can gain insights into broader market trends and potential investment opportunities.
