Hilltop Holdings Inc. Buys 33,080 Shares of iShares 20+ Year Treasury Bond ETF $TLT

Hilltop Holdings Inc. boosted its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 49.0% during the 1st quarter, Holdings Channel reports. The firm owned 100,631 shares of the exchange traded fund’s stock after buying an additional 33,080 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up about 0.8% of Hilltop Holdings Inc.’s holdings, making the stock its 18th biggest position. Hilltop Holdings Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $8,724,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. CPR Investments Inc. raised its position in shares of iShares 20+ Year Treasury Bond ETF by 164.4% during the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock valued at $6,692,000 after buying an additional 47,741 shares in the last quarter. Affinity Wealth Management LLC grew its position in iShares 20+ Year Treasury Bond ETF by 2.6% in the fourth quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock worth $25,265,000 after acquiring an additional 7,325 shares in the last quarter. Caldwell Trust Co increased its stake in iShares 20+ Year Treasury Bond ETF by 1,038.7% during the fourth quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after acquiring an additional 6,045 shares during the last quarter. Sanctuary Advisors LLC raised its position in iShares 20+ Year Treasury Bond ETF by 15.1% during the fourth quarter. Sanctuary Advisors LLC now owns 244,123 shares of the exchange traded fund’s stock valued at $21,278,000 after purchasing an additional 31,983 shares during the period. Finally, Archford Capital Strategies LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $2,226,000. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

NASDAQ:TLT opened at $83.25 on Friday. The firm has a market capitalization of $41.83 billion, a price-to-earnings ratio of -6.75 and a beta of 0.51. The business has a 50 day simple moving average of $85.15 and a 200-day simple moving average of $86.59. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.77 and a 1 year high of $92.18.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.318 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Wednesday, July 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. 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.