1,395,416 Shares in iShares U.S. Treasury Bond ETF (BATS:GOVT) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 4th quarter, Holdings Channel.com reports. The fund purchased 1,395,416 shares of the company’s stock, valued at approximately $32,067,000.

A number of other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of iShares U.S. Treasury Bond ETF by 343.4% during the 4th quarter. JPMorgan Chase & Co. now owns 49,365,745 shares of the company’s stock valued at $1,134,425,000 after purchasing an additional 38,232,721 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in iShares U.S. Treasury Bond ETF by 56.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,088,596 shares of the company’s stock valued at $461,636,000 after acquiring an additional 7,266,546 shares during the period. LPL Financial LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 5.0% in the fourth quarter. LPL Financial LLC now owns 113,104,408 shares of the company’s stock valued at $2,599,139,000 after acquiring an additional 5,340,900 shares in the last quarter. Allworth Financial LP boosted its stake in shares of iShares U.S. Treasury Bond ETF by 15.4% in the fourth quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock worth $747,159,000 after acquiring an additional 4,437,105 shares during the period. Finally, Morningstar Investment Management LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 49.5% during the fourth quarter. Morningstar Investment Management LLC now owns 13,124,464 shares of the company’s stock worth $301,600,000 after purchasing an additional 4,347,422 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $22.86 on Thursday. The company’s 50-day simple moving average is $22.81 and its 200 day simple moving average is $22.75.

iShares U.S. Treasury Bond ETF Cuts Dividend

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