Kingswood Wealth Advisors LLC Cuts Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Kingswood Wealth Advisors LLC trimmed its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,020 shares of the company’s stock after selling 1,758 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,535,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in GOVT. Private Trust Co. NA grew its holdings in iShares U.S. Treasury Bond ETF by 15.2% during the 4th quarter. Private Trust Co. NA now owns 15,048 shares of the company’s stock valued at $347,000 after purchasing an additional 1,991 shares in the last quarter. International Assets Investment Management LLC acquired a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth $11,996,000. CENTRAL TRUST Co acquired a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth $116,000. Tritonpoint Wealth LLC acquired a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth $291,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in iShares U.S. Treasury Bond ETF by 9.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,291,819 shares of the company’s stock worth $29,767,000 after acquiring an additional 108,437 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

GOVT stock traded down $0.05 during mid-day trading on Wednesday, hitting $23.13. 5,705,339 shares of the company were exchanged. The stock’s fifty day moving average is $22.70 and its two-hundred day moving average is $22.59.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were issued a dividend of $0.0606 per share. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, July 1st.

iShares U.S. Treasury Bond ETF 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.