iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Purchased by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. increased its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 30.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,545 shares of the exchange traded fund’s stock after purchasing an additional 823 shares during the period. First Citizens Bank & Trust Co.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $323,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TLT. Capula Management Ltd acquired a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $455,550,000. State of Tennessee Department of Treasury acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at about $194,796,000. Wealthfront Advisers LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1,901.0% during the fourth quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock valued at $138,741,000 after acquiring an additional 1,509,302 shares during the last quarter. FMR LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 24.3% during the fourth quarter. FMR LLC now owns 7,274,989 shares of the exchange traded fund’s stock valued at $635,325,000 after acquiring an additional 1,421,699 shares during the last quarter. Finally, Renaissance Technologies LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 751.1% during the fourth quarter. Renaissance Technologies LLC now owns 1,199,986 shares of the exchange traded fund’s stock valued at $104,795,000 after acquiring an additional 1,059,000 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $85.88 on Wednesday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $83.30 and a 1-year high of $101.64. The stock has a market cap of $46.47 billion, a PE ratio of -6.75 and a beta of 0.06. The firm has a 50-day simple moving average of $87.00 and a two-hundred day simple moving average of $88.68.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.3195 per share. This represents a $3.83 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date was Monday, June 2nd.

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.