First Citizens Bank & Trust Co. Invests $202,000 in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

First Citizens Bank & Trust Co. acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the third quarter, HoldingsChannel.com reports. The fund acquired 2,056 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Other institutional investors have also added to or reduced their stakes in the company. McAdam LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 43.9% in the 2nd quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock worth $1,772,000 after purchasing an additional 5,893 shares during the period. Saxon Interests Inc. raised its stake in iShares 20+ Year Treasury Bond ETF by 28.4% during the second quarter. Saxon Interests Inc. now owns 6,121 shares of the exchange traded fund’s stock worth $562,000 after buying an additional 1,355 shares during the last quarter. Riverwater Partners LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the second quarter valued at $223,000. Vontobel Holding Ltd. boosted its position in iShares 20+ Year Treasury Bond ETF by 99.7% during the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock valued at $7,089,000 after acquiring an additional 36,070 shares during the last quarter. Finally, Hancock Whitney Corp acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 1st quarter worth about $1,674,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 1.7 %

TLT stock opened at $92.23 on Tuesday. The firm has a market cap of $59.57 billion, a PE ratio of -7.14 and a beta of 0.06. The stock has a 50-day moving average price of $97.64 and a 200-day moving average price 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.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

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

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.