Royal Bank of Canada Acquires 70,777 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Royal Bank of Canada increased its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,544,908 shares of the company’s stock after purchasing an additional 70,777 shares during the period. Royal Bank of Canada’s holdings in iShares U.S. Treasury Bond ETF were worth $81,461,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA purchased a new position in iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $25,000. OLD Point Trust & Financial Services N A purchased a new position in iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $26,000. Frazier Financial Advisors LLC purchased a new position in iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $30,000. Raleigh Capital Management Inc. lifted its holdings in iShares U.S. Treasury Bond ETF by 123.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,777 shares of the company’s stock worth $41,000 after purchasing an additional 980 shares in the last quarter. Finally, Horizon Investments LLC purchased a new position in iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $48,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT opened at $22.66 on Tuesday. The business has a 50 day simple moving average of $22.84 and a 200 day simple moving average of $22.71.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.0613 dividend. 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.