Verdence Capital Advisors LLC Has $1.42 Million Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Verdence Capital Advisors LLC boosted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 237.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,790 shares of the company’s stock after buying an additional 44,190 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,417,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Morningstar Investment Management LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth $144,757,000. Charles Schwab Investment Management Inc. raised its stake in iShares U.S. Treasury Bond ETF by 64.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 14,350,003 shares of the company’s stock worth $330,624,000 after acquiring an additional 5,635,763 shares in the last quarter. School Employees Retirement Board of Ohio acquired a new position in iShares U.S. Treasury Bond ETF during the second quarter worth about $84,018,000. Cetera Investment Advisers lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 581.8% in the first quarter. Cetera Investment Advisers now owns 3,177,425 shares of the company’s stock worth $72,350,000 after acquiring an additional 2,711,371 shares during the last quarter. Finally, GLOBALT Investments LLC GA acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $60,738,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $23.35 on Tuesday. The firm’s 50-day moving average is $22.90 and its 200 day moving average is $22.63.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a dividend of $0.0606 per share. The ex-dividend date was Monday, July 1st. This is a boost from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.