Wells Fargo & Company MN Decreases Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Wells Fargo & Company MN trimmed its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,762,424 shares of the company’s stock after selling 24,977 shares during the quarter. Wells Fargo & Company MN owned about 0.16% of iShares U.S. Treasury Bond ETF worth $40,500,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. LPL Financial LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF by 5.0% during the fourth quarter. LPL Financial LLC now owns 113,104,408 shares of the company’s stock valued at $2,599,139,000 after acquiring an additional 5,340,900 shares in the last quarter. Truist Financial Corp increased its holdings in shares of iShares U.S. Treasury Bond ETF by 2.4% during the fourth quarter. Truist Financial Corp now owns 66,956,719 shares of the company’s stock valued at $1,538,665,000 after acquiring an additional 1,543,834 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 343.4% during the fourth quarter. JPMorgan Chase & Co. now owns 49,365,745 shares of the company’s stock valued at $1,134,425,000 after acquiring an additional 38,232,721 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 8.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock valued at $914,991,000 after acquiring an additional 3,191,079 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in shares of iShares U.S. Treasury Bond ETF by 15.4% during the fourth quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock valued at $747,159,000 after acquiring an additional 4,437,105 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT opened at $22.69 on Friday. The firm’s 50-day moving average is $22.80 and its 200-day moving average is $22.77.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently announced 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.

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.