iShares U.S. Treasury Bond ETF (BATS:GOVT) Stock Position Reduced by Pallas Capital Advisors LLC

Pallas Capital Advisors LLC cut its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVTFree Report) by 81.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,633 shares of the company’s stock after selling 47,067 shares during the period. Pallas Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $245,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in GOVT. RVW Wealth LLC purchased a new position in iShares U.S. Treasury Bond ETF during the third quarter valued at approximately $25,000. O Shaughnessy Asset Management LLC bought a new stake in iShares U.S. Treasury Bond ETF in the second quarter worth approximately $26,000. Salem Investment Counselors Inc. bought a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter worth approximately $29,000. Union Savings Bank bought a new stake in iShares U.S. Treasury Bond ETF in the second quarter worth approximately $32,000. Finally, Fortis Capital Advisors LLC bought a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter worth approximately $34,000.

iShares U.S. Treasury Bond ETF Stock Down 0.1 %

GOVT stock opened at $22.48 on Wednesday. The business has a 50 day simple moving average of $22.68 and a 200 day simple moving average of $22.48.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd will be given a $0.0583 dividend. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend is Monday, April 1st.

About iShares U.S. Treasury Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Treasury Bond ETF (BATS:GOVT)

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