Canandaigua National Bank & Trust Co. Has $7.55 Million Holdings in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Canandaigua National Bank & Trust Co. decreased its stake in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 24.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 86,476 shares of the exchange traded fund’s stock after selling 28,182 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in iShares 20+ Year Treasury Bond ETF were worth $7,552,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of TLT. Insight Wealth Strategies LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 4.4% in the fourth quarter. Insight Wealth Strategies LLC now owns 263,090 shares of the exchange traded fund’s stock valued at $22,976,000 after acquiring an additional 11,176 shares during the last quarter. Boltwood Capital Management increased its holdings in iShares 20+ Year Treasury Bond ETF by 10.3% during the 4th quarter. Boltwood Capital Management now owns 17,151 shares of the exchange traded fund’s stock valued at $1,498,000 after purchasing an additional 1,595 shares in the last quarter. Dentgroup LLC raised its position in iShares 20+ Year Treasury Bond ETF by 20.9% in the 4th quarter. Dentgroup LLC now owns 8,953 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 1,548 shares during the last quarter. Centre Asset Management LLC boosted its stake in iShares 20+ Year Treasury Bond ETF by 3.4% in the fourth quarter. Centre Asset Management LLC now owns 421,331 shares of the exchange traded fund’s stock worth $36,795,000 after purchasing an additional 13,676 shares in the last quarter. Finally, Global Wealth Strategies & Associates grew its holdings in shares of iShares 20+ Year Treasury Bond ETF by 10.7% during the fourth quarter. Global Wealth Strategies & Associates now owns 59,126 shares of the exchange traded fund’s stock worth $5,163,000 after purchasing an additional 5,694 shares during the last quarter. 73.32% of the stock is currently owned by institutional investors and hedge funds.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of NASDAQ:TLT traded down $0.39 during midday trading on Monday, reaching $86.90. The company’s stock had a trading volume of 29,716,397 shares, compared to its average volume of 23,528,467. The business’s fifty day simple moving average is $90.80 and its 200-day simple moving average is $94.00. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $86.67 and a fifty-two week high of $101.64. The company has a market capitalization of $50.02 billion, a P/E ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.351 dividend. The ex-dividend date was Wednesday, December 18th. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.31. This represents a $4.21 dividend on an annualized basis and a dividend yield of 4.85%.

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.