First PREMIER Bank Lowers Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

First PREMIER Bank decreased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 17.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 964 shares of the exchange traded fund’s stock after selling 208 shares during the period. First PREMIER Bank’s holdings in iShares 20+ Year Treasury Bond ETF were worth $84,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TLT. Finley Financial LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at $90,000. West Branch Capital LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 203 shares in the last quarter. Traphagen Investment Advisors LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 614.7% during the 4th quarter. Traphagen Investment Advisors LLC now owns 106,893 shares of the exchange traded fund’s stock valued at $9,335,000 after acquiring an additional 91,937 shares during the period. Aspire Private Capital LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 5.2% during the fourth quarter. Aspire Private Capital LLC now owns 4,113 shares of the exchange traded fund’s stock worth $359,000 after acquiring an additional 204 shares in the last quarter. Finally, Atomi Financial Group Inc. grew its holdings in iShares 20+ Year Treasury Bond ETF by 49.7% in the fourth quarter. Atomi Financial Group Inc. now owns 82,506 shares of the exchange traded fund’s stock worth $7,205,000 after purchasing an additional 27,379 shares during the period. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.5 %

Shares of TLT opened at $87.51 on Thursday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The stock has a market cap of $51.81 billion, a P/E ratio of -7.14 and a beta of 0.06. The business’s 50 day moving average price is $89.47 and its 200-day moving average price is $93.44.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.351 per share. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.81%.

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.