Fifth Third Bancorp Grows Stake in iShares 20+ Year Treasury Bond ETF $TLT

Fifth Third Bancorp grew its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 8.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 116,829 shares of the exchange traded fund’s stock after acquiring an additional 9,032 shares during the quarter. Fifth Third Bancorp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $10,183,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Greykasell Wealth Strategies Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at about $27,000. Strategic Investment Advisors MI acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $27,000. First Command Advisory Services Inc. acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $33,000. Smartleaf Asset Management LLC acquired a new position in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $33,000. Finally, Trust Co. of Vermont boosted its stake in iShares 20+ Year Treasury Bond ETF by 90.5% in the fourth quarter. Trust Co. of Vermont now owns 381 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 181 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ TLT opened at $85.59 on Friday. iShares 20+ Year Treasury Bond ETF has a 1 year low of $83.29 and a 1 year high of $92.18. The company has a market capitalization of $42.26 billion, a PE ratio of -6.75 and a beta of 0.57. The company has a fifty day moving average of $87.36 and a two-hundred day moving average of $88.31.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 6th. Investors of record on Friday, May 1st will be given a $0.3153 dividend. The ex-dividend date of this dividend is Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.