Fifth Third Bancorp Buys 10,912 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Fifth Third Bancorp lifted its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,860 shares of the exchange traded fund’s stock after buying an additional 10,912 shares during the quarter. Fifth Third Bancorp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,791,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Atlas Private Wealth Advisors grew its position in iShares 20+ Year Treasury Bond ETF by 149.1% during the fourth quarter. Atlas Private Wealth Advisors now owns 37,497 shares of the exchange traded fund’s stock worth $3,275,000 after buying an additional 22,446 shares in the last quarter. Goelzer Investment Management Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1.4% in the fourth quarter. Goelzer Investment Management Inc. now owns 15,401 shares of the exchange traded fund’s stock worth $1,345,000 after purchasing an additional 215 shares during the last quarter. Midwest Financial Group LLC raised its stake in iShares 20+ Year Treasury Bond ETF by 5.3% in the fourth quarter. Midwest Financial Group LLC now owns 34,626 shares of the exchange traded fund’s stock valued at $3,024,000 after purchasing an additional 1,735 shares in the last quarter. CX Institutional lifted its position in iShares 20+ Year Treasury Bond ETF by 50.5% during the fourth quarter. CX Institutional now owns 465,582 shares of the exchange traded fund’s stock valued at $40,659,000 after purchasing an additional 156,138 shares during the last quarter. Finally, Encompass More Asset Management purchased a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $298,000. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $87.22 on Monday. 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 has a market cap of $51.29 billion, a P/E ratio of -7.14 and a beta of 0.06. The firm’s fifty day moving average price is $89.35 and its 200-day moving average price is $93.36.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.351 per share. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $4.21 dividend on an annualized basis and a yield of 4.83%.

iShares 20+ Year Treasury Bond ETF Profile

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.