iShares U.S. Treasury Bond ETF (BATS:GOVT) is Prime Capital Investment Advisors LLC’s 8th Largest Position

Prime Capital Investment Advisors LLC cut its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 15.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,195,577 shares of the company’s stock after selling 1,100,863 shares during the quarter. iShares U.S. Treasury Bond ETF comprises 2.1% of Prime Capital Investment Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Prime Capital Investment Advisors LLC owned about 0.55% of iShares U.S. Treasury Bond ETF worth $142,374,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 343.4% during the fourth 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 in the last quarter. Charles Schwab Investment Management Inc. lifted its position in iShares U.S. Treasury Bond ETF by 56.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,088,596 shares of the company’s stock valued at $461,636,000 after purchasing an additional 7,266,546 shares during the last quarter. LPL Financial LLC grew its stake in iShares U.S. Treasury Bond ETF by 5.0% in the 4th quarter. LPL Financial LLC now owns 113,104,408 shares of the company’s stock worth $2,599,139,000 after buying an additional 5,340,900 shares in the last quarter. Allworth Financial LP increased its holdings in shares of iShares U.S. Treasury Bond ETF by 15.4% in the 4th quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock worth $747,159,000 after buying an additional 4,437,105 shares during the last quarter. Finally, Morningstar Investment Management LLC grew its position in iShares U.S. Treasury Bond ETF by 49.5% in the fourth quarter. Morningstar Investment Management LLC now owns 13,124,464 shares of the company’s stock worth $301,600,000 after acquiring an additional 4,347,422 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.6 %

GOVT opened at $22.93 on Friday. The company has a 50 day moving average price of $22.71 and a two-hundred day moving average price of $22.81.

iShares U.S. Treasury Bond ETF Cuts Dividend

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