Truist Financial Corp Purchases 216,532 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Truist Financial Corp boosted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 owned about 0.40% of iShares 20+ Year Treasury Bond ETF worth $201,776,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Capital Investment Advisors LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 3rd quarter valued at approximately $255,000. Private Trust Co. NA grew its stake in shares of iShares 20+ Year Treasury Bond ETF by 44.1% during the third quarter. Private Trust Co. NA now owns 5,411 shares of the exchange traded fund’s stock worth $480,000 after buying an additional 1,657 shares during the last quarter. Warren Street Wealth Advisors LLC acquired a new position in shares of iShares 20+ Year Treasury Bond ETF during the third quarter worth $231,000. Private Wealth Advisors LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 2.8% in the 3rd quarter. Private Wealth Advisors LLC now owns 54,327 shares of the exchange traded fund’s stock valued at $4,818,000 after acquiring an additional 1,495 shares during the last quarter. Finally, Simplicity Solutions LLC lifted its stake in shares of iShares 20+ Year Treasury Bond ETF by 45.5% in the 3rd quarter. Simplicity Solutions LLC now owns 7,338 shares of the exchange traded fund’s stock valued at $651,000 after acquiring an additional 2,296 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

TLT stock traded up $0.46 during midday trading on Friday, reaching $88.24. 31,582,996 shares of the stock were exchanged, compared to its average volume of 43,437,523. iShares 20+ Year Treasury Bond ETF has a 52 week low of $82.42 and a 52 week high of $106.76. The company has a fifty day moving average price of $92.48 and a 200 day moving average price of $92.49. The stock has a market capitalization of $45.58 billion, a PE ratio of -7.07 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued 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 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.