Cullen Frost Bankers Inc. Increases Stock Position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Cullen Frost Bankers Inc. grew its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 34.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 802,929 shares of the exchange traded fund’s stock after acquiring an additional 205,962 shares during the period. iShares 20+ Year Treasury Bond ETF comprises 1.2% of Cullen Frost Bankers Inc.’s investment portfolio, making the stock its 15th biggest holding. Cullen Frost Bankers Inc. owned approximately 0.16% of iShares 20+ Year Treasury Bond ETF worth $79,394,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in TLT. Register Financial Advisors LLC acquired a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. Rosenberg Matthew Hamilton raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 8,825.0% in the fourth quarter. Rosenberg Matthew Hamilton now owns 357 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 353 shares in the last quarter. Cherry Tree Wealth Management LLC purchased a new position in iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at $44,000. Delos Wealth Advisors LLC grew its stake in iShares 20+ Year Treasury Bond ETF by 365.0% during the 3rd quarter. Delos Wealth Advisors LLC now owns 465 shares of the exchange traded fund’s stock worth $45,000 after purchasing an additional 365 shares in the last quarter. Finally, JFS Wealth Advisors LLC increased its holdings in iShares 20+ Year Treasury Bond ETF by 287.3% during the 3rd quarter. JFS Wealth Advisors LLC now owns 519 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 385 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT traded up $0.55 during midday trading on Tuesday, hitting $90.74. The company had a trading volume of 30,509,375 shares, compared to its average volume of 43,429,281. iShares 20+ Year Treasury Bond ETF has a 1 year low of $82.42 and a 1 year high of $105.52. The firm has a market capitalization of $46.72 billion, a P/E ratio of -7.14 and a beta of 0.39. The company’s 50-day simple moving average is $91.88 and its 200-day simple moving average is $92.78.

iShares 20+ Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be issued a dividend of $0.3077 per share. This represents a $3.69 annualized dividend and a yield of 4.07%. The ex-dividend date is Wednesday, May 1st.

iShares 20+ Year Treasury Bond ETF 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.