Orion Portfolio Solutions LLC Increases Stake in iShares U.S. Treasury Bond ETF

Orion Portfolio Solutions LLC, an investment management firm, has recently augmented its investment in the iShares U.S. Treasury Bond ETF by 0.5% during the second quarter of the year. The company's latest SEC filing reveals that Orion now holds a total of 104,285 shares in the ETF after purchasing an additional 527 shares within the quarter. The value of Orion Portfolio Solutions LLC’s investment in the iShares U.S. Treasury Bond ETF amounted to approximately $10.87 million at the close of the reporting period.

Investment Adjustments by Significant Investors

Other prominent investors have also adjusted their holdings in the iShares U.S. Treasury Bond ETF. Bank of America Corp DE expanded its ownership by 23.9% in the first quarter, now owning shares valued at around $8.43 billion. Similarly, Envestnet Asset Management Inc. increased its stake by 27.7%, with shares now worth nearly $2.99 billion. During the second quarter, PNC Financial Services Group Inc. dramatically increased its stake by 15,288.8%, and new substantial investments were made by Portside Wealth Group LLC and Charles Schwab Investment Management Inc., valued at approximately $241.21 million and $171.99 million, respectively.

ETF’s Market Performance

On the market front, iShares U.S. Treasury Bond ETF witnessed a slight decrease of 0.5%, with the opening price at $22.57. The ETF's performance over time shows a 50-day moving average at $22.07 and a 200-day moving average at $22.45.

Dividend Announcement

The ETF also announced a dividend payment, which shareholders recorded as of October 3rd received on October 6th. The dividend, totaling $0.0486 per share, had its ex-dividend date on October 2nd.

Understanding iShares U.S. Treasury Bond ETF

The iShares U.S. Treasury Bond ETF, managed by BlackRock, has been providing investors with exposure to U.S. Treasury securities since its inception on February 14, 2012. The ETF mirrors the performance of the ICE U.S. Treasury Core Bond index that includes U.S. Treasury securities with over a year left to maturity.

Investment Transparency

Investors and market observers interested in the ETF’s shareholder composition can view updated filings and insider trades through platforms like HoldingsChannel.com.

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Orion, iShares, ETF, Securities, Investment, Bond, Market, Dividend