Cullen Frost Bankers Inc. Increases Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Cullen Frost Bankers Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,240 shares of the company’s stock after purchasing an additional 869 shares during the period. Cullen Frost Bankers Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $465,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its position in iShares U.S. Treasury Bond ETF by 3.4% in the 3rd quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock valued at $2,527,054,000 after buying an additional 3,525,851 shares during the last quarter. Truist Financial Corp boosted its position in iShares U.S. Treasury Bond ETF by 2.4% in the 4th quarter. Truist Financial Corp now owns 66,956,719 shares of the company’s stock valued at $1,538,665,000 after buying an additional 1,543,834 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in iShares U.S. Treasury Bond ETF by 7.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock valued at $858,874,000 after buying an additional 2,642,472 shares during the last quarter. Allworth Financial LP boosted its position in iShares U.S. Treasury Bond ETF by 15.4% in the 4th quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock valued at $747,159,000 after buying an additional 4,437,105 shares during the last quarter. Finally, Assetmark Inc. boosted its position in iShares U.S. Treasury Bond ETF by 16.2% in the 4th quarter. Assetmark Inc. now owns 21,409,555 shares of the company’s stock valued at $491,992,000 after buying an additional 2,990,094 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.1 %

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.81 on Friday. The firm has a 50-day moving average of $22.59 and a 200-day moving average of $22.86.

iShares U.S. Treasury Bond ETF Cuts Dividend

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

iShares U.S. Treasury Bond ETF Company Profile

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.