Alterna Wealth Management Inc. Buys 3,500 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Alterna Wealth Management Inc. grew its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,253 shares of the company’s stock after buying an additional 3,500 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for 1.1% of Alterna Wealth Management Inc.’s holdings, making the stock its 25th largest holding. Alterna Wealth Management Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,202,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 14.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock worth $1,295,174,000 after acquiring an additional 7,203,276 shares in the last quarter. LPL Financial LLC grew its stake 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 valued at $2,352,644,000 after purchasing an additional 6,443,351 shares during the last quarter. School Employees Retirement Board of Ohio bought a new position in iShares U.S. Treasury Bond ETF in the second quarter worth about $84,018,000. Cetera Investment Advisers raised its holdings in iShares U.S. Treasury Bond ETF by 581.8% in the first quarter. Cetera Investment Advisers now owns 3,177,425 shares of the company’s stock worth $72,350,000 after purchasing an additional 2,711,371 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the second quarter valued at about $33,768,000.

iShares U.S. Treasury Bond ETF Trading Up 0.5 %

BATS:GOVT opened at $22.77 on Tuesday. The firm has a fifty day moving average price of $23.24 and a 200-day moving average price of $22.86.

iShares U.S. Treasury Bond ETF Increases Dividend

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

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.