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

Renasant Bank bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,075 shares of the exchange traded fund’s stock, valued at approximately $698,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TLT. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $31,000. Summer Road LLC grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 117.6% during the first quarter. Summer Road LLC now owns 370 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 200 shares during the last quarter. Axiom Investment Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at about $32,000. BOK Financial Private Wealth Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth about $37,000. Finally, WFA of San Diego LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 2nd quarter valued at about $46,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $82.52 on Tuesday. The business has a 50-day moving average of $83.78 and a 200 day moving average of $85.68. 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 capitalization of $41.57 billion, a PE ratio of -6.75 and a beta of 0.51.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st will be issued a $0.3147 dividend. The ex-dividend date is Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 4.6%.

About iShares 20+ Year Treasury Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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