Capital Investment Counsel Inc Takes Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Capital Investment Counsel Inc acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 6,650 shares of the exchange traded fund’s stock, valued at approximately $581,000.

Other institutional investors have also recently modified their holdings of the company. Principal Financial Group Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 45.5% during the 3rd quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after purchasing an additional 27,586 shares during the last quarter. Commerce Bank increased its position in shares of iShares 20+ Year Treasury Bond ETF by 32.7% during the 3rd quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock valued at $965,000 after purchasing an additional 2,426 shares during the last quarter. ST Germain D J Co. Inc. increased its position in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the 4th quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock valued at $42,000 after purchasing an additional 201 shares during the last quarter. Cornerstone Wealth Management LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock valued at $330,000 after purchasing an additional 201 shares during the last quarter. Finally, Klaas Financial Asset Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 1.2% during the 3rd quarter. Klaas Financial Asset Advisors LLC now owns 91,071 shares of the exchange traded fund’s stock valued at $8,934,000 after purchasing an additional 1,039 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock opened at $88.54 on Friday. The stock has a market capitalization of $53.81 billion, a PE ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1-year low of $84.89 and a 1-year high of $101.64. The business has a 50-day moving average of $87.87 and a 200 day moving average of $92.69.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.3123 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.