Coign Capital Advisors LLC Invests $6.49 Million in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Coign Capital Advisors LLC bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 282,427 shares of the company’s stock, valued at approximately $6,490,000. iShares U.S. Treasury Bond ETF comprises 6.0% of Coign Capital Advisors LLC’s holdings, making the stock its 3rd biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 5.0% in the fourth quarter. LPL Financial LLC now owns 113,104,408 shares of the company’s stock valued at $2,599,139,000 after acquiring an additional 5,340,900 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 5.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 71,528,583 shares of the company’s stock valued at $1,643,727,000 after purchasing an additional 3,539,745 shares during the period. Truist Financial Corp grew its position in iShares U.S. Treasury Bond ETF by 2.4% in the 4th quarter. Truist Financial Corp now owns 66,956,719 shares of the company’s stock worth $1,538,665,000 after purchasing an additional 1,543,834 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 343.4% during the 4th quarter. JPMorgan Chase & Co. now owns 49,365,745 shares of the company’s stock worth $1,134,425,000 after purchasing an additional 38,232,721 shares during the period. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 8.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock valued at $914,991,000 after buying an additional 3,191,079 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

BATS GOVT opened at $22.69 on Friday. The company has a fifty day moving average of $22.80 and a 200-day moving average of $22.77.

iShares U.S. Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.0613 dividend. The ex-dividend date was Monday, March 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.