Cynosure Group LLC Takes Position in iShares 20+ Year Treasury Bond ETF $TLT

Cynosure Group LLC acquired a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLTFree Report) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 97,100 shares of the exchange traded fund’s stock, valued at approximately $8,463,000. iShares 20+ Year Treasury Bond ETF comprises 0.4% of Cynosure Group LLC’s investment portfolio, making the stock its 22nd biggest position.

A number of other hedge funds have also recently modified their holdings of the business. CPR Investments Inc. boosted its holdings in iShares 20+ Year Treasury Bond ETF by 164.4% in the 4th quarter. CPR Investments Inc. now owns 76,780 shares of the exchange traded fund’s stock worth $6,692,000 after buying an additional 47,741 shares during the period. Alliance Wealth Advisors LLC UT bought a new position in iShares 20+ Year Treasury Bond ETF in the 3rd quarter worth $1,378,000. Benin Management CORP bought a new position in iShares 20+ Year Treasury Bond ETF in the 4th quarter worth $4,655,000. Affinity Wealth Management LLC boosted its holdings in iShares 20+ Year Treasury Bond ETF by 2.6% in the 4th quarter. Affinity Wealth Management LLC now owns 289,870 shares of the exchange traded fund’s stock worth $25,265,000 after buying an additional 7,325 shares during the period. Finally, Caldwell Trust Co boosted its holdings in iShares 20+ Year Treasury Bond ETF by 1,038.7% in the 4th quarter. Caldwell Trust Co now owns 6,627 shares of the exchange traded fund’s stock worth $578,000 after buying an additional 6,045 shares during the period. Institutional investors own 73.33% of the company’s stock.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of iShares 20+ Year Treasury Bond ETF stock opened at $85.72 on Tuesday. The company has a market capitalization of $42.65 billion, a P/E ratio of -6.75 and a beta of 0.52. The company has a fifty day moving average of $85.68 and a 200 day moving average of $87.18. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.77 and a fifty-two week high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.3358 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.7%. This is an increase from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

iShares 20+ Year Treasury Bond ETF Company Profile

(Free Report)

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. The Underlying Index includes all publicly-issued the United States Treasury securities that have a remaining maturity of greater than or equal to 20 years.

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Institutional Ownership by Quarter for iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

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