Crestwood Advisors Group LLC Purchases 195,047 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Crestwood Advisors Group LLC lifted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 6.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,318,071 shares of the company’s stock after purchasing an additional 195,047 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for about 1.5% of Crestwood Advisors Group LLC’s investment portfolio, making the stock its 15th biggest holding. Crestwood Advisors Group LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $77,810,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Westside Investment Management Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter valued at $29,000. St. Johns Investment Management Company LLC acquired a new stake in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at $38,000. EverSource Wealth Advisors LLC lifted its stake in iShares U.S. Treasury Bond ETF by 79.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,680 shares of the company’s stock valued at $39,000 after acquiring an additional 746 shares in the last quarter. Family Asset Management LLC boosted its position in iShares U.S. Treasury Bond ETF by 210.9% in the second quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock worth $43,000 after purchasing an additional 1,291 shares during the last quarter. Finally, Avion Wealth bought a new stake in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at $45,000.

iShares U.S. Treasury Bond ETF Trading Up 0.5 %

Shares of GOVT stock traded up $0.11 during trading hours on Tuesday, reaching $22.77. The stock had a trading volume of 5,512,058 shares. The stock has a 50 day simple moving average of $23.23 and a two-hundred day simple moving average of $22.87.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.0629 per share. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date was Tuesday, September 3rd.

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.