Patten & Patten Inc. TN Increases Stock Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Patten & Patten Inc. TN raised its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 20.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. increased its stake in iShares 20+ Year Treasury Bond ETF by 45.5% in the third quarter. Principal Financial Group Inc. now owns 88,273 shares of the exchange traded fund’s stock valued at $8,660,000 after purchasing an additional 27,586 shares during the last quarter. Commerce Bank grew its position in shares of iShares 20+ Year Treasury Bond ETF by 32.7% during the third quarter. Commerce Bank now owns 9,840 shares of the exchange traded fund’s stock worth $965,000 after acquiring an additional 2,426 shares during the last quarter. ST Germain D J Co. Inc. grew its position in shares of iShares 20+ Year Treasury Bond ETF by 73.1% during the fourth quarter. ST Germain D J Co. Inc. now owns 476 shares of the exchange traded fund’s stock worth $42,000 after acquiring an additional 201 shares during the last quarter. Cornerstone Wealth Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 5.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 3,782 shares of the exchange traded fund’s stock worth $330,000 after acquiring an additional 201 shares during the last quarter. Finally, Dynasty Wealth Management LLC grew its position in shares of iShares 20+ Year Treasury Bond ETF by 50.7% during the fourth quarter. Dynasty Wealth Management LLC now owns 905,254 shares of the exchange traded fund’s stock worth $79,056,000 after acquiring an additional 304,416 shares during the last quarter. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.5 %

Shares of TLT opened at $90.17 on Monday. The firm has a market cap of $54.81 billion, a PE ratio of -7.34 and a beta of 0.06. The company’s 50 day simple moving average is $88.71 and its 200-day simple moving average is $91.88. iShares 20+ Year Treasury Bond ETF has a 12-month low of $84.89 and a 12-month high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.2898 per share. The ex-dividend date 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.