Wilmington Savings Fund Society FSB Invests $3.11 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Wilmington Savings Fund Society FSB purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 31,651 shares of the exchange traded fund’s stock, valued at approximately $3,105,000.

Other institutional investors have also recently bought and sold shares of the company. McAdam LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 43.9% in the second quarter. McAdam LLC now owns 19,302 shares of the exchange traded fund’s stock valued at $1,772,000 after purchasing an additional 5,893 shares in the last quarter. Riverwater Partners LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF in the 2nd quarter worth about $223,000. Vontobel Holding Ltd. boosted its position in iShares 20+ Year Treasury Bond ETF by 99.7% during the 3rd 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 during the period. Wedgewood Investors Inc. PA purchased a new position in iShares 20+ Year Treasury Bond ETF during the 2nd quarter valued at about $481,000. Finally, RPg Family Wealth Advisory LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 11.5% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 24,583 shares of the exchange traded fund’s stock valued at $2,256,000 after purchasing an additional 2,541 shares during the period. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $90.15 on Friday. The firm has a market capitalization of $58.40 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company has a 50 day simple moving average of $92.47 and a 200-day simple moving average of $94.41. iShares 20+ Year Treasury Bond ETF has a 52-week low of $87.34 and a 52-week high of $101.64.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were given a $0.325 dividend. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous dividend of $0.31. The ex-dividend date was Monday, December 2nd.

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.