HighTower Advisors LLC Has $11.37 Million Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

HighTower Advisors LLC lifted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 8.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 494,740 shares of the company’s stock after buying an additional 39,858 shares during the period. HighTower Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $11,369,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of GOVT. Charles Schwab Investment Management Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF by 56.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,088,596 shares of the company’s stock worth $461,636,000 after buying an additional 7,266,546 shares during the period. Allworth Financial LP boosted its position in iShares U.S. Treasury Bond ETF by 15.4% during the fourth quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock valued at $747,159,000 after purchasing an additional 4,437,105 shares during the last quarter. Morningstar Investment Management LLC boosted its position in iShares U.S. Treasury Bond ETF by 49.5% during the fourth quarter. Morningstar Investment Management LLC now owns 13,124,464 shares of the company’s stock valued at $301,600,000 after purchasing an additional 4,347,422 shares during the last quarter. LPL Financial LLC boosted its position in iShares U.S. Treasury Bond ETF by 3.4% during the third quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock valued at $2,527,054,000 after purchasing an additional 3,525,851 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in iShares U.S. Treasury Bond ETF by 8.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock valued at $914,991,000 after purchasing an additional 3,191,079 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Down 0.3 %

Shares of BATS GOVT opened at $22.82 on Monday. The company’s 50 day moving average is $22.61 and its 200 day moving average is $22.84.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.0613 per share. The ex-dividend date 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.