Financial Gravity Asset Management Inc. Sells 8,206 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Financial Gravity Asset Management Inc. lowered its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 66.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 4,092 shares of the company’s stock after selling 8,206 shares during the quarter. Financial Gravity Asset Management Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $92,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in GOVT. ICA Group Wealth Management LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter valued at $28,000. Westside Investment Management Inc. purchased a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter valued at approximately $29,000. Family Asset Management LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 210.9% in the second quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock worth $43,000 after buying an additional 1,291 shares in the last quarter. Avion Wealth bought a new position in shares of iShares U.S. Treasury Bond ETF during the second quarter worth $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares U.S. Treasury Bond ETF during the second quarter valued at $52,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT opened at $23.49 on Friday. The company has a 50-day moving average of $23.02 and a two-hundred day moving average of $22.68.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.0629 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.