Touchstone Capital Inc. Buys New Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Touchstone Capital Inc. purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 19,537 shares of the exchange traded fund’s stock, valued at approximately $1,932,000. iShares 20+ Year Treasury Bond ETF accounts for approximately 1.8% of Touchstone Capital Inc.’s holdings, making the stock its 13th biggest holding.

Other hedge funds have also bought and sold shares of the company. New Republic Capital LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth $26,000. Register Financial Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter worth about $28,000. Stonebridge Capital Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $29,000. SJS Investment Consulting Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth about $31,000. Finally, Compass Wealth Management LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 1st quarter worth about $34,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $94.62 on Friday. The company’s 50-day moving average price is $94.11 and its 200-day moving average price is $92.45. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.42 and a twelve month high of $108.87.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 7th. Investors of record on Monday, March 4th were issued a dividend of $0.2952 per share. The ex-dividend date of this dividend was Friday, March 1st. This represents a $3.54 annualized dividend and a yield of 3.74%.

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.