Alerus Financial NA Acquires 5,117 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Alerus Financial NA grew its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 5.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 97,459 shares of the exchange traded fund’s stock after purchasing an additional 5,117 shares during the quarter. Alerus Financial NA’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,511,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Independence Bank of Kentucky bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Richardson Financial Services Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF during the fourth quarter valued at about $30,000. New Wave Wealth Advisors LLC purchased a new position in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $32,000. Van ECK Associates Corp grew its position in iShares 20+ Year Treasury Bond ETF by 82.4% in the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 178 shares in the last quarter. Finally, West Branch Capital LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 94.9% in the 4th quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 203 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Down 0.3 %

TLT stock opened at $88.91 on Friday. The business has a 50 day moving average of $89.45 and a 200-day moving average of $91.48. The firm has a market cap of $54.04 billion, a PE ratio of -7.21 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.2898 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.