CMC Financial Group Invests $8.86 Million in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

CMC Financial Group purchased a new position in iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 91,753 shares of the exchange traded fund’s stock, valued at approximately $8,856,000. iShares 20+ Year Treasury Bond ETF comprises about 12.0% of CMC Financial Group’s holdings, making the stock its 3rd biggest position.

Other large investors also recently modified their holdings of the company. Smith Moore & CO. lifted its position in iShares 20+ Year Treasury Bond ETF by 2.0% in the 1st quarter. Smith Moore & CO. now owns 5,148 shares of the exchange traded fund’s stock valued at $548,000 after purchasing an additional 100 shares during the last quarter. Shelton Capital Management increased its stake in iShares 20+ Year Treasury Bond ETF by 5.3% during the 3rd quarter. Shelton Capital Management now owns 2,391 shares of the exchange traded fund’s stock valued at $212,000 after buying an additional 120 shares during the period. Resurgent Financial Advisors LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 15.0% during the 2nd quarter. Resurgent Financial Advisors LLC now owns 926 shares of the exchange traded fund’s stock valued at $95,000 after buying an additional 121 shares during the period. Atticus Wealth Management LLC increased its stake in iShares 20+ Year Treasury Bond ETF by 35.0% during the 3rd quarter. Atticus Wealth Management LLC now owns 556 shares of the exchange traded fund’s stock valued at $49,000 after buying an additional 144 shares during the period. Finally, Banco Santander S.A. increased its stake in iShares 20+ Year Treasury Bond ETF by 0.7% during the 3rd quarter. Banco Santander S.A. now owns 26,434 shares of the exchange traded fund’s stock valued at $2,344,000 after buying an additional 171 shares during the period. 66.54% of the stock is currently owned by institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

Shares of TLT traded up $0.26 during mid-day trading on Tuesday, hitting $93.77. The company’s stock had a trading volume of 34,414,836 shares, compared to its average volume of 42,670,484. The firm has a 50-day moving average price of $94.09 and a 200 day moving average price of $92.42. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $82.42 and a fifty-two week high of $108.87.

iShares 20+ Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 7th. Stockholders of record on Monday, March 4th were paid a $0.2952 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $3.54 annualized dividend and a dividend yield of 3.78%.

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.