First PREMIER Bank Takes Position in iShares 20+ Year Treasury Bond ETF $TLT

First PREMIER Bank acquired a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,783 shares of the exchange traded fund’s stock, valued at approximately $586,000.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after acquiring an additional 44,234,543 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.5% in the fourth quarter. Bank of America Corp DE now owns 109,057,503 shares of the exchange traded fund’s stock valued at $9,505,452,000 after purchasing an additional 10,380,437 shares in the last quarter. Morgan Stanley lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 31.3% in the fourth quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after purchasing an additional 4,577,906 shares in the last quarter. Pureheart Capital Pte Ltd. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $292,683,000. Finally, Aozora Bank LTD. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $198,507,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $82.52 on Tuesday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $81.17 and a 1-year high of $92.18. The stock has a market cap of $41.57 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. The firm has a 50 day simple moving average of $83.78 and a 200-day simple moving average of $85.68.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a dividend of $0.3305 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, August 3rd.

iShares 20+ Year Treasury Bond ETF 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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.