Hsbc Holdings PLC Increases Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Hsbc Holdings PLC raised its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 109.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 577,617 shares of the company’s stock after purchasing an additional 301,669 shares during the period. Hsbc Holdings PLC owned 0.05% of iShares U.S. Treasury Bond ETF worth $13,037,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. SteelPeak Wealth LLC raised its stake in iShares U.S. Treasury Bond ETF by 0.3% during the second quarter. SteelPeak Wealth LLC now owns 142,582 shares of the company’s stock valued at $3,218,000 after buying an additional 441 shares during the last quarter. TrueWealth Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF by 4.8% in the 2nd quarter. TrueWealth Advisors LLC now owns 11,611 shares of the company’s stock worth $262,000 after purchasing an additional 534 shares in the last quarter. Magnolia Capital Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF by 4.5% in the 1st quarter. Magnolia Capital Advisors LLC now owns 14,125 shares of the company’s stock worth $314,000 after purchasing an additional 606 shares in the last quarter. RHS Financial LLC grew its position in iShares U.S. Treasury Bond ETF by 1.6% during the 1st quarter. RHS Financial LLC now owns 38,373 shares of the company’s stock valued at $874,000 after purchasing an additional 608 shares during the last quarter. Finally, Salem Investment Counselors Inc. increased its stake in iShares U.S. Treasury Bond ETF by 29.6% during the 1st quarter. Salem Investment Counselors Inc. now owns 2,868 shares of the company’s stock valued at $65,000 after purchasing an additional 655 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $23.51 on Monday. The business has a 50-day moving average price of $23.21 and a 200-day moving average price of $22.75.

iShares U.S. Treasury Bond ETF Increases Dividend

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

About iShares U.S. Treasury Bond ETF

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.