Mission Wealth Management LP Buys New Shares in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Mission Wealth Management LP purchased a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 17,279 shares of the company’s stock, valued at approximately $393,000.

Several other hedge funds have also bought and sold shares of the stock. TrueWealth Advisors LLC lifted its position in iShares U.S. Treasury Bond ETF by 4.5% during the first quarter. TrueWealth Advisors LLC now owns 11,077 shares of the company’s stock valued at $252,000 after acquiring an additional 474 shares during the last quarter. Invera Wealth Advisors LLC increased its stake in iShares U.S. Treasury Bond ETF by 3.0% during the 1st quarter. Invera Wealth Advisors LLC now owns 16,802 shares of the company’s stock valued at $373,000 after purchasing an additional 482 shares in the last quarter. RHS Financial LLC increased its stake in iShares U.S. Treasury Bond ETF by 1.6% during the 1st quarter. RHS Financial LLC now owns 38,373 shares of the company’s stock valued at $874,000 after purchasing an additional 608 shares in the last quarter. Salem Investment Counselors Inc. increased its stake in iShares U.S. Treasury Bond ETF by 41.5% during the 4th quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock valued at $51,000 after purchasing an additional 649 shares in the last quarter. Finally, Mayflower Financial Advisors LLC increased its stake in iShares U.S. Treasury Bond ETF by 2.5% during the 4th 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 in the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.4 %

iShares U.S. Treasury Bond ETF stock traded up $0.10 during mid-day trading on Friday, reaching $22.66. 3,753,418 shares of the company traded hands. The company has a fifty day moving average price of $22.48 and a two-hundred day moving average price of $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a dividend of $0.0606 per share. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date was Monday, July 1st.

iShares U.S. Treasury Bond ETF 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.