Great Valley Advisor Group Inc. Raises Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Great Valley Advisor Group Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 89.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 86,777 shares of the company’s stock after acquiring an additional 40,902 shares during the period. Great Valley Advisor Group Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $2,035,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in iShares U.S. Treasury Bond ETF by 3.4% in the 3rd quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock valued at $2,527,054,000 after buying an additional 3,525,851 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF by 14.4% in the second quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock worth $1,295,174,000 after acquiring an additional 7,203,276 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF by 7.8% in the third quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock worth $858,874,000 after acquiring an additional 2,642,472 shares during the last quarter. Allworth Financial LP increased its position in shares of iShares U.S. Treasury Bond ETF by 2.6% during the third quarter. Allworth Financial LP now owns 28,799,490 shares of the company’s stock worth $675,348,000 after purchasing an additional 735,803 shares in the last quarter. Finally, Assetmark Inc. raised its stake in iShares U.S. Treasury Bond ETF by 3.6% in the 3rd quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock valued at $431,936,000 after purchasing an additional 639,816 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $22.64 on Monday. The business’s 50-day simple moving average is $23.01 and its two-hundred day simple moving average is $22.91.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.0629 per share. The ex-dividend date was Tuesday, September 3rd. This is a positive change 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.