Fifth Third Bancorp Has $19.97 Million Stock Position in iShares 20+ Year Treasury Bond ETF $TLT

Fifth Third Bancorp boosted its holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 97.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 230,322 shares of the exchange traded fund’s stock after buying an additional 113,493 shares during the period. Fifth Third Bancorp’s holdings in iShares 20+ Year Treasury Bond ETF were worth $19,967,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sovran Advisors LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 7.9% in the 1st quarter. Sovran Advisors LLC now owns 121,604 shares of the exchange traded fund’s stock valued at $10,412,000 after purchasing an additional 8,867 shares during the period. Granite Bay Wealth Management LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 9.3% during the 1st quarter. Granite Bay Wealth Management LLC now owns 210,379 shares of the exchange traded fund’s stock worth $18,228,000 after purchasing an additional 17,921 shares during the period. Simplicity Wealth LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 16.5% during the 1st quarter. Simplicity Wealth LLC now owns 282,912 shares of the exchange traded fund’s stock worth $24,526,000 after purchasing an additional 40,018 shares during the period. Avid Wealth Partners LLC increased its holdings in shares of iShares 20+ Year Treasury Bond ETF by 2.6% during the 1st quarter. Avid Wealth Partners LLC now owns 6,155 shares of the exchange traded fund’s stock worth $534,000 after purchasing an additional 158 shares during the period. Finally, Sequoia Financial Advisors LLC raised its position in shares of iShares 20+ Year Treasury Bond ETF by 191.6% during the first quarter. Sequoia Financial Advisors LLC now owns 10,299 shares of the exchange traded fund’s stock valued at $893,000 after buying an additional 6,767 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.6%

TLT stock opened at $84.00 on Tuesday. iShares 20+ Year Treasury Bond ETF has a twelve month low of $82.77 and a twelve month high of $92.18. The company has a market cap of $41.83 billion, a PE ratio of -6.75 and a beta of 0.51. The business’s 50-day simple moving average is $85.40 and its 200 day simple moving average is $86.83.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.318 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.