Independence Bank of Kentucky Makes New Investment in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Independence Bank of Kentucky acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 303 shares of the exchange traded fund’s stock, valued at approximately $26,000.

A number of other institutional investors have also made changes to their positions in TLT. 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 in the last quarter. Vontobel Holding Ltd. lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 99.7% in the third quarter. Vontobel Holding Ltd. now owns 72,263 shares of the exchange traded fund’s stock worth $7,089,000 after acquiring an additional 36,070 shares in the last quarter. Commerce Bank boosted its holdings in iShares 20+ Year Treasury Bond ETF by 32.7% in the third quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 2,426 shares during the last quarter. ST Germain D J Co. Inc. grew its stake in iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 25.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,748,635 shares of the exchange traded fund’s stock worth $171,541,000 after purchasing an additional 354,610 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Trading Down 0.7 %

iShares 20+ Year Treasury Bond ETF stock opened at $87.76 on Monday. iShares 20+ Year Treasury Bond ETF has a 52 week low of $84.89 and a 52 week high of $101.64. The stock has a market cap of $53.34 billion, a P/E ratio of -7.14 and a beta of 0.06. The stock has a 50 day moving average of $89.12 and a 200-day moving average of $93.17.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.351 per share. This represents a $4.21 dividend on an annualized basis and a yield of 4.80%. 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.

iShares 20+ Year Treasury Bond ETF Company 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.