American Trust Takes $429,000 Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

American Trust bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,532 shares of the exchange traded fund’s stock, valued at approximately $429,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Westwood Holdings Group Inc. lifted its position in iShares 20+ Year Treasury Bond ETF by 6.2% in the first quarter. Westwood Holdings Group Inc. now owns 295,985 shares of the exchange traded fund’s stock worth $28,006,000 after buying an additional 17,246 shares during the last quarter. Objective Capital Management LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 46.8% in the first quarter. Objective Capital Management LLC now owns 6,481 shares of the exchange traded fund’s stock worth $613,000 after buying an additional 2,067 shares during the last quarter. Tactive Advisors LLC bought a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter worth $506,000. Cambridge Trust Co. lifted its position in iShares 20+ Year Treasury Bond ETF by 39.5% in the first quarter. Cambridge Trust Co. now owns 2,573 shares of the exchange traded fund’s stock worth $243,000 after buying an additional 729 shares during the last quarter. Finally, Alexander Labrunerie & CO. Inc. bought a new stake in iShares 20+ Year Treasury Bond ETF in the first quarter worth $1,632,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Up 3.1 %

TLT traded up $2.97 during trading on Friday, reaching $98.28. The company had a trading volume of 91,912,942 shares, compared to its average volume of 40,384,457. The stock has a market cap of $58.44 billion, a P/E ratio of -7.14 and a beta of 0.06. The business has a 50 day simple moving average of $92.84 and a 200-day simple moving average of $92.60. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $100.57.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st will be paid a dividend of $0.3149 per share. The ex-dividend date of this dividend is Thursday, August 1st.

About iShares 20+ Year Treasury Bond ETF

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.