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

First PREMIER Bank bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 6,783 shares of the exchange traded fund’s stock, valued at approximately $586,000.

Other hedge funds also recently modified their holdings of the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $31,000. Summer Road LLC lifted 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 period. Axiom Investment Management LLC purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the first quarter valued at approximately $32,000. BOK Financial Private Wealth Inc. acquired a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth approximately $37,000. Finally, WFA of San Diego LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter worth approximately $46,000. 73.33% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $82.52 on Tuesday. The company has a 50 day moving average price of $83.78 and a two-hundred day moving average price of $85.68. The stock has a market capitalization of $41.57 billion, a P/E ratio of -6.75 and a beta of 0.51. iShares 20+ Year Treasury Bond ETF has a one year low of $81.17 and a one year high of $92.18.

iShares 20+ Year Treasury Bond ETF Announces Dividend

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

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.