iShares U.S. Treasury Bond ETF (BATS:GOVT) Stake Reduced by Harbour Investments Inc.

Harbour Investments Inc. cut its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 62,122 shares of the company’s stock after selling 4,659 shares during the quarter. Harbour Investments Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,428,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thrivent Financial for Lutherans increased its stake in iShares U.S. Treasury Bond ETF by 280.3% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,494,812 shares of the company’s stock worth $35,054,000 after purchasing an additional 1,101,796 shares in the last quarter. Chesapeake Wealth Management purchased a new position in iShares U.S. Treasury Bond ETF in the 3rd quarter worth about $201,000. BIP Wealth LLC increased its stake in iShares U.S. Treasury Bond ETF by 164.9% in the 3rd quarter. BIP Wealth LLC now owns 69,732 shares of the company’s stock worth $1,635,000 after purchasing an additional 43,411 shares in the last quarter. Summit Wealth Group LLC increased its stake in iShares U.S. Treasury Bond ETF by 8.7% in the 3rd quarter. Summit Wealth Group LLC now owns 42,309 shares of the company’s stock worth $992,000 after purchasing an additional 3,389 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in iShares U.S. Treasury Bond ETF by 7.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock worth $858,874,000 after purchasing an additional 2,642,472 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $22.87 on Wednesday. The business has a fifty day moving average of $22.62 and a 200-day moving average of $22.84.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.0613 per share. The ex-dividend date was Monday, March 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.