Schmidt P J Investment Management Inc. Boosts Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Posted by Maddie Sorensen on Oct 25th, 2024

Schmidt P J Investment Management Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report) by 4.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,030,861 shares of the company’s stock after purchasing an additional 39,248 shares during the period. iShares U.S. Treasury Bond ETF accounts for about 4.2% of Schmidt P J Investment Management Inc.’s portfolio, making the stock its 5th largest position. Schmidt P J Investment Management Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $24,174,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in iShares U.S. Treasury Bond ETF by 6.6% in the second quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock worth $2,352,644,000 after purchasing an additional 6,443,351 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 14.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock valued at $1,295,174,000 after purchasing an additional 7,203,276 shares in the last quarter. Fund Evaluation Group LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 3.4% in the 2nd quarter. Fund Evaluation Group LLC now owns 11,116,463 shares of the company’s stock valued at $250,899,000 after purchasing an additional 368,383 shares during the period. Peavine Capital LLC increased its stake in iShares U.S. Treasury Bond ETF by 3.1% during the 1st quarter. Peavine Capital LLC now owns 9,848,623 shares of the company’s stock worth $224,253,000 after purchasing an additional 293,858 shares in the last quarter. Finally, Morningstar Investment Management LLC raised its holdings in iShares U.S. Treasury Bond ETF by 16.3% during the 2nd quarter. Morningstar Investment Management LLC now owns 8,717,729 shares of the company’s stock worth $196,759,000 after buying an additional 1,221,559 shares during the period.

iShares U.S. Treasury Bond ETF Stock Up 0.2 %

BATS:GOVT opened at $22.90 on Friday. The stock’s 50-day moving average price is $23.30 and its 200-day moving average price is $22.83.

iShares U.S. Treasury Bond ETF Increases Dividend

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

iShares U.S. Treasury Bond ETF Profile

(Free Report)

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.