Verum Partners LLC Buys 181,325 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Verum Partners LLC boosted its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 21.9% in the first quarter, HoldingsChannel.com reports. The firm owned 1,007,625 shares of the company’s stock after purchasing an additional 181,325 shares during the quarter. iShares U.S. Treasury Bond ETF comprises approximately 8.2% of Verum Partners LLC’s investment portfolio, making the stock its biggest holding. Verum Partners LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $22,944,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. RHS Financial LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF by 1.6% in the first quarter. RHS Financial LLC now owns 38,373 shares of the company’s stock valued at $874,000 after buying an additional 608 shares in the last quarter. Salem Investment Counselors Inc. raised its position 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 worth $51,000 after purchasing an additional 649 shares during the period. Mayflower Financial Advisors LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 2.5% during the fourth quarter. Mayflower Financial Advisors LLC now owns 29,566 shares of the company’s stock valued at $681,000 after purchasing an additional 721 shares during the last quarter. Pacific Financial Group Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF by 2.2% in the 4th quarter. Pacific Financial Group Inc. now owns 36,980 shares of the company’s stock valued at $852,000 after purchasing an additional 790 shares during the period. Finally, Cobblestone Asset Management LLC increased its stake in iShares U.S. Treasury Bond ETF by 3.7% in the 1st quarter. Cobblestone Asset Management LLC now owns 24,275 shares of the company’s stock worth $553,000 after purchasing an additional 859 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.3 %

BATS GOVT traded up $0.06 on Tuesday, hitting $22.44. 4,778,801 shares of the company were exchanged. The company’s fifty day moving average price is $22.46 and its 200 day moving average price is $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be given a $0.0606 dividend. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date is Monday, July 1st.

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.