iShares U.S. Treasury Bond ETF (BATS:GOVT) is Paragon Capital Management Inc.’s 5th Largest Position

Paragon Capital Management Inc. trimmed its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 197,094 shares of the company’s stock after selling 1,935 shares during the quarter. iShares U.S. Treasury Bond ETF comprises about 3.5% of Paragon Capital Management Inc.’s holdings, making the stock its 5th largest position. Paragon Capital Management Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $4,529,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GOVT. LPL Financial LLC lifted its stake in 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 worth $2,527,054,000 after purchasing an additional 3,525,851 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in 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 worth $858,874,000 after purchasing an additional 2,642,472 shares during the last quarter. Allworth Financial LP lifted its stake in iShares U.S. Treasury Bond ETF by 2.6% during the third quarter. Allworth Financial LP now owns 28,799,490 shares of the company’s stock worth $675,348,000 after purchasing an additional 735,803 shares during the last quarter. Assetmark Inc. lifted its stake in iShares U.S. Treasury Bond ETF by 3.6% during the third quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock worth $431,936,000 after purchasing an additional 639,816 shares during the last quarter. Finally, Mutual Advisors LLC lifted its stake in iShares U.S. Treasury Bond ETF by 18.2% during the fourth quarter. Mutual Advisors LLC now owns 11,332,555 shares of the company’s stock worth $254,473,000 after purchasing an additional 1,741,584 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT stock opened at $22.57 on Wednesday. The business’s 50-day moving average price is $22.59 and its 200-day moving average price is $22.92.

iShares U.S. Treasury Bond ETF Increases Dividend

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

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.