Hilltop Holdings Inc. Purchases 2,912 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Hilltop Holdings Inc. raised its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 334,107 shares of the company’s stock after purchasing an additional 2,912 shares during the quarter. iShares U.S. Treasury Bond ETF makes up about 0.9% of Hilltop Holdings Inc.’s portfolio, making the stock its 19th biggest holding. Hilltop Holdings Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $7,698,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WealthPlan Investment Management LLC bought a new stake in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at $294,000. M&T Bank Corp lifted its stake in shares of iShares U.S. Treasury Bond ETF by 5.0% during the 3rd quarter. M&T Bank Corp now owns 15,519 shares of the company’s stock worth $342,000 after buying an additional 740 shares during the last quarter. NBC Securities Inc. bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth about $278,000. Topel & Distasi Wealth Management LLC grew its stake in iShares U.S. Treasury Bond ETF by 10.4% in the 3rd quarter. Topel & Distasi Wealth Management LLC now owns 356,882 shares of the company’s stock valued at $7,866,000 after buying an additional 33,492 shares during the last quarter. Finally, Great Valley Advisor Group Inc. raised its holdings in iShares U.S. Treasury Bond ETF by 16.3% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 64,724 shares of the company’s stock valued at $1,426,000 after acquiring an additional 9,086 shares during the period.

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

Shares of BATS GOVT traded up $0.02 during midday trading on Friday, reaching $22.43. The company’s stock had a trading volume of 3,249,366 shares. The stock’s fifty day moving average price is $22.40 and its 200 day moving average price is $22.58.

iShares U.S. Treasury Bond ETF Increases Dividend

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

iShares U.S. Treasury Bond ETF 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.