Cynosure Group LLC Buys Shares of 97,100 iShares 20+ Year Treasury Bond ETF $TLT

Cynosure Group LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 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 holdings, making the stock its 22nd largest holding.

A number of other hedge funds have also added to or reduced their stakes in TLT. JPMorgan Chase & Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 125.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,997,581 shares of the exchange traded fund’s stock valued at $784,229,000 after buying an additional 44,234,543 shares during the last quarter. Morgan Stanley raised its stake in iShares 20+ Year Treasury Bond ETF by 31.3% during the 4th quarter. Morgan Stanley now owns 19,186,986 shares of the exchange traded fund’s stock valued at $1,672,338,000 after buying an additional 4,577,906 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares 20+ Year Treasury Bond ETF by 3.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 43,140,136 shares of the exchange traded fund’s stock valued at $3,760,094,000 after buying an additional 1,418,641 shares during the last quarter. State Street Corp purchased a new stake in iShares 20+ Year Treasury Bond ETF during the 4th quarter valued at $88,673,000. Finally, Prudential PLC raised its stake in iShares 20+ Year Treasury Bond ETF by 104.9% during the 3rd quarter. Prudential PLC now owns 1,046,620 shares of the exchange traded fund’s stock valued at $93,536,000 after buying an additional 535,870 shares during the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Trading Down 0.1%

Shares of TLT opened at $85.72 on Tuesday. The firm has a market cap of $42.65 billion, a PE ratio of -6.75 and a beta of 0.52. The firm has a fifty day simple moving average of $85.68 and a two-hundred day simple moving average of $87.18. iShares 20+ Year Treasury Bond ETF has a 1-year low of $82.77 and a 1-year high of $92.18.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a dividend of $0.3358 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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. 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.