Addison Capital Co Acquires 25,349 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Addison Capital Co grew its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 23.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 131,370 shares of the company’s stock after acquiring an additional 25,349 shares during the period. iShares U.S. Treasury Bond ETF accounts for 1.2% of Addison Capital Co’s portfolio, making the stock its 25th largest holding. Addison Capital Co’s holdings in iShares U.S. Treasury Bond ETF were worth $3,081,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in GOVT. KMG Fiduciary Partners LLC raised its position in iShares U.S. Treasury Bond ETF by 20.9% in the first quarter. KMG Fiduciary Partners LLC now owns 12,543 shares of the company’s stock worth $286,000 after acquiring an additional 2,168 shares during the period. American National Bank bought a new position in iShares U.S. Treasury Bond ETF in the first quarter worth approximately $128,000. Bull Oak Capital LLC raised its position in shares of iShares U.S. Treasury Bond ETF by 14.0% during the 1st quarter. Bull Oak Capital LLC now owns 369,985 shares of the company’s stock valued at $8,425,000 after purchasing an additional 45,515 shares during the period. City State Bank raised its position in shares of iShares U.S. Treasury Bond ETF by 38.8% during the 1st quarter. City State Bank now owns 8,122 shares of the company’s stock valued at $185,000 after purchasing an additional 2,272 shares during the period. Finally, Salem Investment Counselors Inc. raised its position in shares of 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 during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $23.02 on Friday. The company’s 50 day moving average price is $23.33 and its two-hundred day moving average price is $22.82.

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 given 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 of this dividend was Tuesday, September 3rd.

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.