BCGM Wealth Management LLC Purchases 6,789 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

BCGM Wealth Management LLC lifted its position in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 21.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,151 shares of the exchange traded fund’s stock after acquiring an additional 6,789 shares during the quarter. iShares 20+ Year Treasury Bond ETF makes up approximately 1.1% of BCGM Wealth Management LLC’s portfolio, making the stock its 28th biggest position. BCGM Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,332,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Assetmark Inc. increased its position in iShares 20+ Year Treasury Bond ETF by 3,121.7% in the 3rd quarter. Assetmark Inc. now owns 4,461,161 shares of the exchange traded fund’s stock valued at $437,640,000 after acquiring an additional 4,322,688 shares during the period. Harvest Portfolios Group Inc. increased its holdings in iShares 20+ Year Treasury Bond ETF by 33.0% in the third quarter. Harvest Portfolios Group Inc. now owns 2,753,709 shares of the exchange traded fund’s stock valued at $270,139,000 after purchasing an additional 683,915 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in iShares 20+ Year Treasury Bond ETF by 17.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,429,274 shares of the exchange traded fund’s stock worth $211,751,000 after purchasing an additional 353,468 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in iShares 20+ Year Treasury Bond ETF by 9.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,958,175 shares of the exchange traded fund’s stock worth $171,007,000 after buying an additional 175,574 shares during the period. Finally, Stifel Financial Corp grew its position in shares of iShares 20+ Year Treasury Bond ETF by 9.5% in the 3rd quarter. Stifel Financial Corp now owns 1,684,820 shares of the exchange traded fund’s stock valued at $165,281,000 after buying an additional 145,687 shares during the last quarter. Institutional investors own 73.32% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Price Performance

Shares of TLT opened at $89.57 on Monday. The business has a 50-day moving average of $87.86 and a 200-day moving average of $92.58. The company has a market capitalization of $54.44 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a 1 year low of $84.89 and a 1 year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.3123 per share. The ex-dividend date was Monday, February 3rd.

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.