iShares U.S. Treasury Bond ETF (BATS:GOVT) Stake Trimmed by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC cut its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 31.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,724 shares of the company’s stock after selling 9,543 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $477,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of GOVT. Wetzel Investment Advisors Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $33,000. Archer Investment Corp lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 75.5% in the third quarter. Archer Investment Corp now owns 1,815 shares of the company’s stock valued at $40,000 after purchasing an additional 781 shares in the last quarter. SJS Investment Consulting Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the fourth quarter worth $49,000. Salem Investment Counselors Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 41.5% during the fourth quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock valued at $51,000 after buying an additional 649 shares in the last quarter. Finally, PFG Private Wealth Management LLC acquired a new position in iShares U.S. Treasury Bond ETF during the third quarter valued at $52,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.21 on Tuesday. The business has a 50-day simple moving average of $22.54 and a 200-day simple moving average of $22.50.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a $0.0583 dividend. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, April 1st.

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.