Valmark Advisers Inc. Grows Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Valmark Advisers Inc. grew its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 20.1% during the fourth quarter, HoldingsChannel reports. The fund owned 100,491 shares of the company’s stock after purchasing an additional 16,794 shares during the period. Valmark Advisers Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $2,309,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. LPL Financial LLC grew its stake in iShares U.S. Treasury Bond ETF by 3.4% during the 3rd quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock worth $2,527,054,000 after buying an additional 3,525,851 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in iShares U.S. Treasury Bond ETF by 7.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock worth $858,874,000 after buying an additional 2,642,472 shares during the last quarter. Allworth Financial LP grew its stake in iShares U.S. Treasury Bond ETF by 15.4% during the 4th quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock worth $747,159,000 after buying an additional 4,437,105 shares during the last quarter. Assetmark Inc. grew its stake in iShares U.S. Treasury Bond ETF by 3.6% during the 3rd quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock worth $431,936,000 after buying an additional 639,816 shares during the last quarter. Finally, Mutual Advisors LLC grew its stake in iShares U.S. Treasury Bond ETF by 18.2% during the 4th quarter. Mutual Advisors LLC now owns 11,332,555 shares of the company’s stock worth $254,473,000 after buying an additional 1,741,584 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.3 %

BATS:GOVT opened at $22.63 on Monday. The stock’s 50-day moving average price is $22.54 and its 200 day moving average price is $22.91.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.0674 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.