SlateStone Wealth LLC Acquires 5,002 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

SlateStone Wealth LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 3.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 156,590 shares of the exchange traded fund’s stock after buying an additional 5,002 shares during the period. iShares 20+ Year Treasury Bond ETF makes up about 1.6% of SlateStone Wealth LLC’s investment portfolio, making the stock its 11th largest position. SlateStone Wealth LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $14,372,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in TLT. International Assets Investment Management LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $11,498,000. Bryn Mawr Capital Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 12.5% during the fourth quarter. Bryn Mawr Capital Management LLC now owns 2,678 shares of the exchange traded fund’s stock valued at $265,000 after purchasing an additional 298 shares during the period. K.J. Harrison & Partners Inc bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $606,000. Kovack Advisors Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 36.1% during the fourth quarter. Kovack Advisors Inc. now owns 4,010 shares of the exchange traded fund’s stock valued at $396,000 after purchasing an additional 1,064 shares during the period. Finally, Truist Financial Corp increased its position in shares of iShares 20+ Year Treasury Bond ETF by 11.9% during the fourth quarter. Truist Financial Corp now owns 2,040,619 shares of the exchange traded fund’s stock valued at $201,776,000 after purchasing an additional 216,532 shares during the period. 73.32% of the stock is owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT traded down $0.25 on Monday, reaching $98.14. 23,190,519 shares of the stock traded hands, compared to its average volume of 40,073,441. The firm has a market cap of $58.18 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $100.57. The stock’s 50-day moving average price is $94.52 and its 200-day moving average price is $92.85.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a dividend of $0.3149 per share. The ex-dividend date of this dividend was Thursday, August 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.