PNC Financial Services Group Inc. Buys 28,694 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

PNC Financial Services Group Inc. increased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 10.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 303,619 shares of the exchange traded fund’s stock after purchasing an additional 28,694 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $29,785,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Divergent Wealth Advisors lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 1.1% during the third quarter. Divergent Wealth Advisors now owns 10,869 shares of the exchange traded fund’s stock valued at $1,066,000 after buying an additional 117 shares during the last quarter. Trivant Custom Portfolio Group LLC lifted its position in iShares 20+ Year Treasury Bond ETF by 4.0% during the second quarter. Trivant Custom Portfolio Group LLC now owns 3,282 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 127 shares during the last quarter. Crewe Advisors LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 22.4% in the second quarter. Crewe Advisors LLC now owns 737 shares of the exchange traded fund’s stock valued at $68,000 after acquiring an additional 135 shares in the last quarter. Institute for Wealth Management LLC. grew its holdings in iShares 20+ Year Treasury Bond ETF by 3.8% in the second quarter. Institute for Wealth Management LLC. now owns 3,713 shares of the exchange traded fund’s stock worth $341,000 after purchasing an additional 136 shares during the last quarter. Finally, Moser Wealth Advisors LLC increased its position in shares of iShares 20+ Year Treasury Bond ETF by 0.6% during the second quarter. Moser Wealth Advisors LLC now owns 22,661 shares of the exchange traded fund’s stock worth $2,080,000 after purchasing an additional 136 shares in the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

iShares 20+ Year Treasury Bond ETF stock opened at $90.41 on Thursday. iShares 20+ Year Treasury Bond ETF has a 1-year low of $87.34 and a 1-year high of $101.64. The business has a fifty day moving average price of $94.53 and a 200-day moving average price of $94.24. The stock has a market capitalization of $58.57 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3105 per share. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date was Friday, November 1st. This represents a $3.73 dividend on an annualized basis and a dividend yield of 4.12%.

iShares 20+ Year Treasury Bond ETF Company 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.