Penobscot Wealth Management Has $3.80 Million Stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Penobscot Wealth Management lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 25.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,468 shares of the exchange traded fund’s stock after acquiring an additional 7,684 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up 2.6% of Penobscot Wealth Management’s portfolio, making the stock its 8th biggest position. Penobscot Wealth Management’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,804,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Eley Financial Management Inc bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at approximately $4,863,000. Harvest Fund Management Co. Ltd raised its holdings in iShares 20+ Year Treasury Bond ETF by 859.7% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 4,117 shares of the exchange traded fund’s stock worth $407,000 after purchasing an additional 3,688 shares in the last quarter. Madison Park Capital Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $2,466,000. SlateStone Wealth LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 0.6% in the fourth quarter. SlateStone Wealth LLC now owns 148,127 shares of the exchange traded fund’s stock worth $14,647,000 after purchasing an additional 892 shares in the last quarter. Finally, Aspire Private Capital LLC raised its holdings in iShares 20+ Year Treasury Bond ETF by 11.0% in the fourth quarter. Aspire Private Capital LLC now owns 3,893 shares of the exchange traded fund’s stock worth $385,000 after purchasing an additional 387 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Down 0.7 %

TLT traded down $0.62 during trading on Thursday, reaching $87.78. The stock had a trading volume of 49,257,936 shares, compared to its average volume of 43,585,301. The stock’s 50 day moving average is $92.59 and its two-hundred day moving average is $92.52. The company has a market capitalization of $45.34 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $82.42 and a one year high of $107.24.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.3124 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.75 dividend on an annualized basis and a dividend yield of 4.27%.

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.