Wells Fargo & Company MN Sells 24,977 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Wells Fargo & Company MN lessened its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,762,424 shares of the company’s stock after selling 24,977 shares during the period. Wells Fargo & Company MN’s holdings in iShares U.S. Treasury Bond ETF were worth $40,500,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Franklin Resources Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 5.3% during the 3rd quarter. Franklin Resources Inc. now owns 27,228 shares of the company’s stock worth $626,000 after purchasing an additional 1,380 shares during the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares U.S. Treasury Bond ETF by 9.0% during the 4th quarter. Bank of New York Mellon Corp now owns 1,484,339 shares of the company’s stock worth $34,110,000 after purchasing an additional 122,353 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 2.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 334,455 shares of the company’s stock worth $7,686,000 after purchasing an additional 8,101 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $759,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 8.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock worth $914,991,000 after purchasing an additional 3,191,079 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Down 0.6 %

BATS GOVT opened at $22.69 on Friday. The business’s fifty day simple moving average is $22.80 and its 200-day simple moving average is $22.77.

iShares U.S. Treasury Bond ETF Cuts Dividend

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

iShares U.S. Treasury Bond ETF Company 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.