Truist Financial Corp Grows Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Truist Financial Corp raised its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,040,619 shares of the exchange traded fund’s stock after purchasing an additional 216,532 shares during the period. Truist Financial Corp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $201,776,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Register Financial Advisors LLC bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth approximately $28,000. Rosenberg Matthew Hamilton lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 8,825.0% during the fourth quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 353 shares in the last quarter. Delos Wealth Advisors LLC boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 365.0% in the third quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock worth $45,000 after acquiring an additional 365 shares during the period. JFS Wealth Advisors LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 287.3% in the third quarter. JFS Wealth Advisors LLC now owns 519 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 385 shares in the last quarter. Finally, AlphaCore Capital LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 3rd quarter valued at $47,000. Hedge funds and other institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Up 0.5 %

TLT traded up $0.46 during trading on Friday, reaching $88.24. 31,582,996 shares of the company were exchanged, compared to its average volume of 43,437,523. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.42 and a 12-month high of $106.76. The company’s 50-day moving average is $92.48 and its two-hundred day moving average is $92.49. The company has a market cap of $45.58 billion, a price-to-earnings ratio of -7.07 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.3124 per share. This represents a $3.75 annualized dividend and a dividend yield of 4.25%. The ex-dividend date of this dividend was Monday, April 1st.

About iShares 20+ Year Treasury Bond ETF

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.