Paladin Advisory Group LLC Has $6.47 Million Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Paladin Advisory Group LLC lifted its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 32.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 280,684 shares of the company’s stock after purchasing an additional 68,462 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for approximately 5.3% of Paladin Advisory Group LLC’s holdings, making the stock its 2nd biggest holding. Paladin Advisory Group LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $6,467,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. FMR LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 8.5% in the third quarter. FMR LLC now owns 85,547,733 shares of the company’s stock worth $1,885,472,000 after acquiring an additional 6,707,884 shares during the last quarter. Allworth Financial LP grew its position in shares of iShares U.S. Treasury Bond ETF by 2.0% during the 4th quarter. Allworth Financial LP now owns 25,183,931 shares of the company’s stock worth $580,238,000 after buying an additional 486,526 shares during the period. PNC Financial Services Group Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 33.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 17,819,469 shares of the company’s stock valued at $392,741,000 after acquiring an additional 4,427,187 shares during the period. Assetmark Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 14.8% during the 3rd quarter. Assetmark Inc. now owns 16,257,132 shares of the company’s stock worth $358,307,000 after acquiring an additional 2,096,717 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 10.1% during the first quarter. BlackRock Inc. now owns 13,793,025 shares of the company’s stock valued at $322,481,000 after purchasing an additional 1,260,804 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

BATS:GOVT traded up $0.03 during trading hours on Friday, hitting $22.21. The stock had a trading volume of 10,929,759 shares. The firm has a 50 day moving average price of $22.56 and a 200 day moving average price of $22.49.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a $0.0583 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05.

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.