Union Bankshares Corp purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 68,553 shares of the exchange traded fund’s stock, valued at approximately $8,330,000. iShares 20+ Year Treasury Bond ETF makes up 2.7% of Union Bankshares Corp’s holdings, making the stock its 3rd largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TLT. Iberiabank Corp raised its position in iShares 20+ Year Treasury Bond ETF by 116.6% during the third quarter. Iberiabank Corp now owns 228,598 shares of the exchange traded fund’s stock valued at $26,808,000 after purchasing an additional 123,064 shares in the last quarter. CWM LLC raised its position in iShares 20+ Year Treasury Bond ETF by 20.6% during the third quarter. CWM LLC now owns 142,029 shares of the exchange traded fund’s stock valued at $16,656,000 after purchasing an additional 24,228 shares in the last quarter. NorthCoast Asset Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at approximately $1,569,000. Berkshire Asset Management LLC PA acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $319,000. Finally, Barry Investment Advisors LLC acquired a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at approximately $402,000.

TLT traded down $0.08 during trading on Monday, hitting $120.85. 63,751 shares of the stock traded hands, compared to its average volume of 11,699,104. iShares 20+ Year Treasury Bond ETF has a twelve month low of $111.90 and a twelve month high of $125.64.

The company also recently disclosed a monthly dividend, which was paid on Monday, December 24th. Shareholders of record on Wednesday, December 19th were given a dividend of $0.2819 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.38 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend was Tuesday, December 18th.

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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.

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

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