First PREMIER Bank Has $108,000 Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

First PREMIER Bank lessened its position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 14.6% in the second quarter, HoldingsChannel reports. The fund owned 1,172 shares of the exchange traded fund’s stock after selling 200 shares during the quarter. First PREMIER Bank’s holdings in iShares 20+ Year Treasury Bond ETF were worth $108,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in TLT. Psagot Value Holdings Ltd. Israel bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the fourth quarter valued at approximately $25,000. Bfsg LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF by 1,400.0% in the first quarter. Bfsg LLC now owns 315 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 294 shares in the last quarter. Motco bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $32,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the second quarter valued at approximately $34,000. Finally, Palisade Asset Management LLC bought a new position in shares of iShares 20+ Year Treasury Bond ETF in the first quarter valued at approximately $37,000. Institutional investors and hedge funds own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT stock traded down $0.79 during trading hours on Thursday, reaching $97.10. The company had a trading volume of 38,609,242 shares, compared to its average volume of 40,604,707. iShares 20+ Year Treasury Bond ETF has a 12 month low of $82.42 and a 12 month high of $100.57. The business has a fifty day simple moving average of $93.85 and a 200-day simple moving average of $92.79. The company has a market cap of $57.56 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a dividend of $0.3149 per share. The ex-dividend date of this dividend was Thursday, August 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.