Dorsey & Whitney Trust CO LLC Takes $5.84 Million Position in iShares 20+ Year Treasury Bond ETF $TLT

Dorsey & Whitney Trust CO LLC bought a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 66,966 shares of the exchange traded fund’s stock, valued at approximately $5,837,000.

Other institutional investors have also modified their holdings of the company. Strategic Investment Advisors MI acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $27,000. Smartleaf Asset Management LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $33,000. Trust Co. of Vermont boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 181 shares in the last quarter. Stone House Investment Management LLC boosted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% in the fourth quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 352 shares in the last quarter. Finally, KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares 20+ Year Treasury Bond ETF in the third quarter valued at approximately $35,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $84.88 on Thursday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18. The company has a market cap of $42.24 billion, a PE ratio of -6.75 and a beta of 0.52. The stock’s 50 day moving average price is $85.72 and its 200 day moving average price is $87.27.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.3358 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. This is a boost from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, June 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. 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.