iShares U.S. Treasury Bond ETF (BATS:GOVT) Shares Sold by Summit X LLC

Summit X LLC lowered its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 33,304 shares of the company’s stock after selling 1,350 shares during the quarter. Summit X LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $765,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the stock. LPL Financial LLC raised its position in iShares U.S. Treasury Bond ETF by 3.4% in the 3rd 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 in the last quarter. Truist Financial Corp raised its position in shares of iShares U.S. Treasury Bond ETF by 2.4% during the 4th quarter. Truist Financial Corp now owns 66,956,719 shares of the company’s stock worth $1,538,665,000 after acquiring an additional 1,543,834 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 8.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock worth $914,991,000 after acquiring an additional 3,191,079 shares in the last quarter. Allworth Financial LP raised its position in shares of iShares U.S. Treasury Bond ETF by 15.4% during the 4th quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock worth $747,159,000 after acquiring an additional 4,437,105 shares in the last quarter. Finally, Assetmark Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 16.2% during the 4th quarter. Assetmark Inc. now owns 21,409,555 shares of the company’s stock worth $491,992,000 after acquiring an additional 2,990,094 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.3 %

BATS:GOVT opened at $22.87 on Wednesday. The stock’s 50-day moving average price is $22.61 and its 200 day moving average price is $22.85.

iShares U.S. Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.0613 per share. 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.