Orion Portfolio Solutions LLC Grows Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Orion Portfolio Solutions LLC raised its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 98.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 316,428 shares of the company’s stock after purchasing an additional 156,834 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $7,272,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Cypress Wealth Services LLC raised its stake in iShares U.S. Treasury Bond ETF by 2.3% during the 4th quarter. Cypress Wealth Services LLC now owns 20,615 shares of the company’s stock valued at $474,000 after purchasing an additional 456 shares during the period. Tyler Stone Wealth Management raised its position in shares of iShares U.S. Treasury Bond ETF by 4.2% during the fourth quarter. Tyler Stone Wealth Management now owns 12,360 shares of the company’s stock valued at $284,000 after buying an additional 493 shares during the last quarter. Magnus Financial Group LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 5.8% in the fourth quarter. Magnus Financial Group LLC now owns 9,278 shares of the company’s stock worth $213,000 after buying an additional 505 shares in the last quarter. ONE Advisory Partners LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 2.8% in the fourth quarter. ONE Advisory Partners LLC now owns 21,423 shares of the company’s stock worth $492,000 after buying an additional 591 shares in the last quarter. Finally, Glen Eagle Advisors LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 55.2% during the third quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT opened at $22.93 on Friday. The company has a 50-day moving average of $22.71 and a two-hundred day moving average of $22.81.

iShares U.S. Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.0613 dividend. The ex-dividend date was Monday, March 3rd.

About iShares U.S. Treasury Bond ETF

The iShares U.S. Treasury Bond ETF (GOVT) is an exchange-traded fund that is based on the ICE U.S. Treasury Core Bond index. The fund tracks a market-weighted index of fixed-rate nonconvertible U.S. Treasury securities with a remaining maturity of one year or more. GOVT was launched on Feb 14, 2012 and is managed by BlackRock.