Verdence Capital Advisors LLC Sells 7,211 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Verdence Capital Advisors LLC cut its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 10.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 60,389 shares of the company’s stock after selling 7,211 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,388,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. LPL Financial LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 3.4% during the third quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock valued at $2,527,054,000 after purchasing an additional 3,525,851 shares during the period. Truist Financial Corp increased its position in shares of iShares U.S. Treasury Bond ETF by 2.4% during the fourth quarter. Truist Financial Corp now owns 66,956,719 shares of the company’s stock valued at $1,538,665,000 after purchasing an additional 1,543,834 shares during the period. PNC Financial Services Group Inc. increased its position in shares of iShares U.S. Treasury Bond ETF by 7.8% during the third quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock valued at $858,874,000 after purchasing an additional 2,642,472 shares during the period. Allworth Financial LP increased its position in shares of iShares U.S. Treasury Bond ETF by 15.4% during the fourth quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock valued at $747,159,000 after purchasing an additional 4,437,105 shares during the period. Finally, Assetmark Inc. increased its position in shares of iShares U.S. Treasury Bond ETF by 16.2% during the fourth quarter. Assetmark Inc. now owns 21,409,555 shares of the company’s stock valued at $491,992,000 after purchasing an additional 2,990,094 shares during the period.

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

GOVT opened at $22.84 on Thursday. The company’s 50-day moving average price is $22.56 and its 200 day moving average price is $22.87.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a $0.0613 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

About iShares U.S. Treasury Bond ETF

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.