Leavell Investment Management Inc. Trims Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Leavell Investment Management Inc. lowered its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 10.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,946 shares of the company’s stock after selling 4,489 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $872,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Franklin Resources Inc. raised its position in iShares U.S. Treasury Bond ETF by 5.3% in the third quarter. Franklin Resources Inc. now owns 27,228 shares of the company’s stock valued at $626,000 after purchasing an additional 1,380 shares during the period. Raymond James & Associates raised its holdings in shares of iShares U.S. Treasury Bond ETF by 40.5% in the 3rd quarter. Raymond James & Associates now owns 577,572 shares of the company’s stock valued at $13,544,000 after buying an additional 166,466 shares during the period. Signaturefd LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF by 766.7% in the 3rd quarter. Signaturefd LLC now owns 10,140 shares of the company’s stock valued at $238,000 after buying an additional 8,970 shares during the period. Harbour Investments Inc. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 1.8% in the 3rd quarter. Harbour Investments Inc. now owns 66,781 shares of the company’s stock valued at $1,566,000 after buying an additional 1,209 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 34.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,133,024 shares of the company’s stock valued at $261,069,000 after buying an additional 2,837,004 shares during the period.

iShares U.S. Treasury Bond ETF Trading Up 0.6 %

GOVT stock opened at $22.56 on Friday. The company has a 50-day moving average price of $22.55 and a two-hundred day moving average price of $22.91.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.0674 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.