Cutler Investment Counsel LLC Has $19.01 Million Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Cutler Investment Counsel LLC increased its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 15.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 810,455 shares of the company’s stock after buying an additional 110,115 shares during the period. iShares U.S. Treasury Bond ETF accounts for approximately 2.4% of Cutler Investment Counsel LLC’s investment portfolio, making the stock its 11th biggest position. Cutler Investment Counsel LLC owned approximately 0.07% of iShares U.S. Treasury Bond ETF worth $19,005,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOVT. Bailard Inc. increased its stake in shares of iShares U.S. Treasury Bond ETF by 6.4% during the 2nd quarter. Bailard Inc. now owns 1,646,756 shares of the company’s stock worth $37,167,000 after purchasing an additional 98,877 shares during the last quarter. Raymond James & Associates lifted its position in shares of iShares U.S. Treasury Bond ETF by 40.5% in the third 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 last quarter. Signaturefd LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF by 766.7% during the 3rd quarter. Signaturefd LLC now owns 10,140 shares of the company’s stock worth $238,000 after acquiring an additional 8,970 shares during the period. Regency Capital Management Inc. DE increased its holdings in shares of iShares U.S. Treasury Bond ETF by 1,729.4% during the 3rd quarter. Regency Capital Management Inc. DE now owns 369,877 shares of the company’s stock worth $8,674,000 after acquiring an additional 349,659 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in iShares U.S. Treasury Bond ETF by 30.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,081,455 shares of the company’s stock valued at $24,408,000 after acquiring an additional 254,255 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT remained flat at $22.62 during mid-day trading on Friday. 13,196,386 shares of the stock were exchanged. The firm’s 50 day moving average price is $23.11 and its two-hundred day moving average price is $22.89.

iShares U.S. Treasury Bond ETF Increases Dividend

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