Union Bancaire Privee UBP SA Purchases Shares of 4,230 iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Union Bancaire Privee UBP SA purchased a new stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,230 shares of the exchange traded fund’s stock, valued at approximately $355,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Independence Bank of Kentucky bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $26,000. Richardson Financial Services Inc. bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $30,000. New Wave Wealth Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter worth $32,000. Van ECK Associates Corp lifted its position in shares of iShares 20+ Year Treasury Bond ETF by 82.4% in the fourth 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 holdings in iShares 20+ Year Treasury Bond ETF by 94.9% during the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 203 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Trading Up 0.3 %

Shares of TLT opened at $89.87 on Tuesday. The company has a market cap of $54.62 billion, a price-to-earnings 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 company’s fifty day simple moving average is $87.85 and its 200 day simple moving average is $92.54.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company 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.

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.