Financial Engines Advisors L.L.C. Buys 584,547 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Financial Engines Advisors L.L.C. boosted its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 221.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 847,932 shares of the company’s stock after purchasing an additional 584,547 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in iShares U.S. Treasury Bond ETF were worth $19,485,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. OLD Point Trust & Financial Services N A acquired a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter worth $26,000. Union Bancaire Privee UBP SA acquired a new stake in iShares U.S. Treasury Bond ETF during the 4th quarter worth $25,000. PSI Advisors LLC bought a new position in iShares U.S. Treasury Bond ETF during the fourth quarter worth about $34,000. Glen Eagle Advisors LLC grew its stake in iShares U.S. Treasury Bond ETF by 55.2% in the third quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock valued at $40,000 after acquiring an additional 600 shares during the period. Finally, Raleigh Capital Management Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 123.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,777 shares of the company’s stock worth $41,000 after acquiring an additional 980 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT opened at $22.84 on Wednesday. The company has a 50-day simple moving average of $22.68 and a 200 day simple moving average of $22.82.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.0613 per share. The ex-dividend date was Monday, March 3rd.

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.