Capital Investment Counsel Inc Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Capital Investment Counsel Inc acquired a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, HoldingsChannel reports. The firm acquired 6,650 shares of the exchange traded fund’s stock, valued at approximately $581,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Principal Financial Group Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 45.5% in the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after buying an additional 27,586 shares during the period. Commerce Bank lifted its holdings in iShares 20+ Year Treasury Bond ETF by 32.7% in the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after buying an additional 2,426 shares during the period. ST Germain D J Co. Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 73.1% in the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after buying an additional 201 shares during the period. Cornerstone Wealth Management LLC lifted its holdings in iShares 20+ Year Treasury Bond ETF by 5.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after buying an additional 201 shares during the period. Finally, Klaas Financial Asset Advisors LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 1.2% in the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 91,071 shares of the exchange traded fund’s stock worth $8,934,000 after acquiring an additional 1,039 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:TLT opened at $88.54 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The firm has a market capitalization of $53.81 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock has a 50 day moving average price of $87.87 and a 200-day moving average price of $92.69.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.3123 dividend. The ex-dividend date of this dividend was Monday, February 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.