Albion Financial Group UT Has $222,000 Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Albion Financial Group UT boosted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 222.0% during the 1st quarter, Holdings Channel reports. The institutional investor owned 9,732 shares of the company’s stock after buying an additional 6,710 shares during the period. Albion Financial Group UT’s holdings in iShares U.S. Treasury Bond ETF were worth $222,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Congress Wealth Management LLC DE increased its holdings in shares of iShares U.S. Treasury Bond ETF by 8.1% in the 4th quarter. Congress Wealth Management LLC DE now owns 222,360 shares of the company’s stock valued at $5,123,000 after purchasing an additional 16,750 shares during the period. TSA Wealth Managment LLC acquired a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $3,359,000. Magnus Financial Group LLC purchased a new stake in iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $205,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter valued at $97,000. Finally, Modera Wealth Management LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at $22,038,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT opened at $22.56 on Thursday. The stock has a fifty day moving average of $22.47 and a two-hundred day moving average of $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a dividend of $0.0606 per share. The ex-dividend date of this dividend is Monday, July 1st. 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.