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

BCGM Wealth Management LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 21.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,151 shares of the exchange traded fund’s stock after purchasing an additional 6,789 shares during the quarter. iShares 20+ Year Treasury Bond ETF accounts for 1.1% of BCGM Wealth Management LLC’s holdings, making the stock its 28th largest position. BCGM Wealth Management LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $3,332,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TLT. Independence Bank of Kentucky bought a new stake in iShares 20+ Year Treasury Bond ETF during the fourth quarter worth about $26,000. Richardson Financial Services Inc. acquired a new position in shares of iShares 20+ Year Treasury Bond ETF in the 4th quarter valued at approximately $30,000. New Wave Wealth Advisors LLC bought a new stake in shares of iShares 20+ Year Treasury Bond ETF during the 4th quarter worth approximately $32,000. Van ECK Associates Corp boosted its position in shares of iShares 20+ Year Treasury Bond ETF by 82.4% during the 4th quarter. Van ECK Associates Corp now owns 394 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 178 shares in the last quarter. Finally, West Branch Capital LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 94.9% in the fourth quarter. West Branch Capital LLC now owns 417 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 203 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 TLT opened at $89.57 on Monday. The firm has a 50 day simple moving average of $87.86 and a two-hundred day simple moving average of $92.58. The company has a market cap of $54.44 billion, a P/E ratio of -7.14 and a beta of 0.06. iShares 20+ Year Treasury Bond ETF has a one year low of $84.89 and a one year high of $101.64.

iShares 20+ Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.3123 per share. The ex-dividend date was Monday, February 3rd.

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.