Pinnacle Bancorp Inc. Purchases 328 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Pinnacle Bancorp Inc. raised its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 11.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,079 shares of the exchange traded fund’s stock after purchasing an additional 328 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $302,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Bleakley Financial Group LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 3.5% in the first quarter. Bleakley Financial Group LLC now owns 3,598 shares of the exchange traded fund’s stock valued at $340,000 after purchasing an additional 121 shares during the period. 49 Wealth Management LLC increased its stake in shares of iShares 20+ Year Treasury Bond ETF by 5.4% in the first quarter. 49 Wealth Management LLC now owns 2,418 shares of the exchange traded fund’s stock valued at $224,000 after buying an additional 124 shares during the period. Trivant Custom Portfolio Group LLC raised its position in shares of 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 worth $301,000 after acquiring an additional 127 shares during the last quarter. Crewe Advisors LLC lifted its stake in shares of 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 worth $68,000 after acquiring an additional 135 shares during the period. Finally, Institute for Wealth Management LLC. boosted 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 valued at $341,000 after acquiring an additional 136 shares during the last quarter. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Down 0.4 %

TLT stock opened at $93.70 on Friday. The firm has a market cap of $58.19 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. The company’s fifty day simple moving average is $97.86 and its 200 day simple moving average is $93.92. iShares 20+ Year Treasury Bond ETF has a 12-month low of $82.42 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.3128 per share. The ex-dividend date of this dividend was Tuesday, September 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.