Concurrent Investment Advisors LLC Boosts Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Concurrent Investment Advisors LLC increased its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 61,309 shares of the company’s stock after purchasing an additional 1,084 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,409,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GOVT. Union Bancaire Privee UBP SA purchased a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $25,000. PSI Advisors LLC purchased a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $34,000. St. Johns Investment Management Company LLC purchased a new position in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at approximately $38,000. Glen Eagle Advisors LLC boosted its position in iShares U.S. Treasury Bond ETF by 55.2% in the 3rd quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock valued at $40,000 after buying an additional 600 shares during the period. Finally, Raleigh Capital Management Inc. boosted its position in 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 buying an additional 980 shares during the period.

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

Shares of GOVT opened at $22.70 on Friday. The firm has a fifty day moving average price of $22.52 and a two-hundred day moving average price of $22.89.

iShares U.S. Treasury Bond ETF Increases Dividend

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