First Citizens Bank & Trust Co. Acquires New Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

First Citizens Bank & Trust Co. bought a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,056 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Other institutional investors also recently modified their holdings of the company. Motco acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 1st quarter valued at $32,000. ORG Wealth Partners LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at about $35,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $34,000. Riggs Asset Managment Co. Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the second quarter worth about $35,000. Finally, Palisade Asset Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the first quarter worth about $37,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ TLT opened at $92.23 on Tuesday. The company has a 50 day simple moving average of $97.64 and a 200 day simple moving average of $93.96. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $101.64. The firm has a market cap of $59.57 billion, a PE ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3128 per share. The ex-dividend date was Tuesday, September 3rd.

iShares 20+ Year Treasury Bond ETF Company 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.