Sovran Advisors LLC Acquires New Shares in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Sovran Advisors LLC bought a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 86,227 shares of the company’s stock, valued at approximately $1,919,000.

Several other hedge funds also recently bought and sold shares of the company. Union Bancaire Privee UBP SA acquired a new position in iShares U.S. Treasury Bond ETF in the fourth quarter worth approximately $25,000. PSI Advisors LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth $34,000. St. Johns Investment Management Company LLC bought a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at $38,000. Glen Eagle Advisors LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF by 55.2% during the 3rd quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock valued at $40,000 after purchasing an additional 600 shares in the last quarter. Finally, Raleigh Capital Management Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 123.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,777 shares of the company’s stock valued at $41,000 after purchasing an additional 980 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

iShares U.S. Treasury Bond ETF stock opened at $22.59 on Tuesday. The stock’s 50 day simple moving average is $22.57 and its two-hundred day simple moving average is $22.92.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.0674 dividend. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date was Monday, February 3rd.

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.