Fifth Third Bancorp Acquires 10,912 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Fifth Third Bancorp increased its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 54,860 shares of the exchange traded fund’s stock after purchasing an additional 10,912 shares during the period. Fifth Third Bancorp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $4,791,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Fund Evaluation Group LLC purchased a new stake in iShares 20+ Year Treasury Bond ETF during the second quarter valued at about $232,000. Toronto Dominion Bank grew its position in iShares 20+ Year Treasury Bond ETF by 1.6% during the 2nd quarter. Toronto Dominion Bank now owns 73,670 shares of the exchange traded fund’s stock worth $6,761,000 after acquiring an additional 1,180 shares during the last quarter. Ascent Group LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 9.2% in the 2nd quarter. Ascent Group LLC now owns 42,359 shares of the exchange traded fund’s stock worth $3,888,000 after purchasing an additional 3,552 shares during the period. Full Sail Capital LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 5.3% in the second quarter. Full Sail Capital LLC now owns 70,398 shares of the exchange traded fund’s stock valued at $6,461,000 after purchasing an additional 3,530 shares during the last quarter. Finally, Forefront Analytics LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 9.9% in the second quarter. Forefront Analytics LLC now owns 5,874 shares of the exchange traded fund’s stock valued at $539,000 after purchasing an additional 531 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $87.22 on Monday. iShares 20+ Year Treasury Bond ETF has a 52-week low of $84.89 and a 52-week high of $101.64. The company’s 50 day moving average price is $89.35 and its 200-day moving average price is $93.36. The stock has a market capitalization of $51.29 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.351 dividend. This represents a $4.21 dividend on an annualized basis and a yield of 4.83%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31.

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.