Verdence Capital Advisors LLC Trims Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Verdence Capital Advisors LLC reduced its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 31.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 20,724 shares of the company’s stock after selling 9,543 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $477,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of GOVT. National Bank of Canada FI grew its holdings in iShares U.S. Treasury Bond ETF by 48.4% during the third quarter. National Bank of Canada FI now owns 62,999 shares of the company’s stock worth $1,394,000 after acquiring an additional 20,537 shares during the period. Arkadios Wealth Advisors acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter valued at about $423,000. Impact Partnership Wealth LLC boosted its holdings in iShares U.S. Treasury Bond ETF by 886.6% during the third quarter. Impact Partnership Wealth LLC now owns 2,733 shares of the company’s stock worth $60,000 after buying an additional 2,456 shares in the last quarter. Paladin Advisory Group LLC increased its holdings in iShares U.S. Treasury Bond ETF by 10.2% in the third quarter. Paladin Advisory Group LLC now owns 212,222 shares of the company’s stock valued at $4,677,000 after buying an additional 19,606 shares in the last quarter. Finally, Cedar Brook Financial Partners LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at approximately $210,000.

iShares U.S. Treasury Bond ETF Price Performance

BATS:GOVT opened at $22.21 on Tuesday. The stock’s 50-day moving average price is $22.54 and its two-hundred day moving average price is $22.50.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.0583 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05.

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.