Midwest Heritage Bank FSB Raises Stake in iShares 20+ Year Treasury Bond ETF $TLT

Midwest Heritage Bank FSB increased its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 28.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 54,988 shares of the exchange traded fund’s stock after acquiring an additional 12,318 shares during the period. iShares 20+ Year Treasury Bond ETF comprises about 1.5% of Midwest Heritage Bank FSB’s holdings, making the stock its 16th biggest position. Midwest Heritage Bank FSB’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,767,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TLT. Strategic Investment Advisors MI acquired a new stake in iShares 20+ Year Treasury Bond ETF during the third quarter worth approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at $31,000. Trust Co. of Vermont raised its holdings in iShares 20+ Year Treasury Bond ETF by 90.5% in the 4th 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 during the last quarter. Stone House Investment Management LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 1,066.7% during the 4th quarter. Stone House Investment Management LLC now owns 385 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 352 shares during the period. Finally, KERR FINANCIAL PLANNING Corp purchased a new position in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter worth $35,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock opened at $86.75 on Friday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $82.77 and a 52-week high of $92.18. The stock’s fifty day simple moving average is $85.66 and its 200-day simple moving average is $87.09. The stock has a market capitalization of $43.17 billion, a price-to-earnings ratio of -6.75 and a beta of 0.52.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.3358 dividend. The ex-dividend date was Monday, June 1st. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a c) annualized dividend and a yield of 4.6%.

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.