iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) Shares Purchased by Patten & Patten Inc. TN

Patten & Patten Inc. TN increased its stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 20.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,867 shares of the exchange traded fund’s stock after purchasing an additional 827 shares during the period. Patten & Patten Inc. TN’s holdings in iShares 20+ Year Treasury Bond ETF were worth $425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of TLT. Wealthfront Advisers LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,901.0% during the fourth quarter. Wealthfront Advisers LLC now owns 1,588,699 shares of the exchange traded fund’s stock worth $138,741,000 after purchasing an additional 1,509,302 shares during the period. Quadrature Capital Ltd acquired a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $89,789,000. Cassaday & Co Wealth Management LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $68,474,000. US Bancorp DE lifted its holdings in iShares 20+ Year Treasury Bond ETF by 78.0% in the fourth quarter. US Bancorp DE now owns 1,697,051 shares of the exchange traded fund’s stock valued at $148,211,000 after acquiring an additional 743,864 shares during the period. Finally, DRW Securities LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF in the third quarter valued at $63,060,000. 73.32% of the stock is owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

iShares 20+ Year Treasury Bond ETF stock opened at $90.17 on Monday. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64. The business has a fifty day moving average of $88.71 and a two-hundred day moving average of $91.88. The company has a market cap of $54.81 billion, a P/E ratio of -7.34 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.2898 dividend. 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.