5,000 Shares in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Bought by American Assets Inc.

American Assets Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 5,000 shares of the exchange traded fund’s stock, valued at approximately $437,000. iShares 20+ Year Treasury Bond ETF comprises approximately 0.1% of American Assets Inc.’s holdings, making the stock its 16th biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of TLT. Principal Financial Group Inc. raised its holdings in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock worth $8,660,000 after acquiring an additional 27,586 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its holdings in iShares 20+ Year Treasury Bond ETF by 11.5% during the third quarter. Kornitzer Capital Management Inc. KS now owns 14,674 shares of the exchange traded fund’s stock valued at $1,440,000 after buying an additional 1,511 shares in the last quarter. CWA Asset Management Group LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $314,000. SpiderRock Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $589,000. Finally, Rovin Capital UT ADV bought a new position in iShares 20+ Year Treasury Bond ETF during the third quarter valued at about $1,972,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $90.11 on Friday. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $84.89 and a fifty-two week high of $101.64. The stock’s 50-day moving average is $88.41 and its two-hundred day moving average is $92.19. The firm has a market cap of $54.77 billion, a P/E ratio of -7.34 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.2898 per share. The ex-dividend date was Monday, March 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.