OLD Point Trust & Financial Services N A Buys Shares of 1,118 iShares U.S. Treasury Bond ETF (BATS:GOVT)

OLD Point Trust & Financial Services N A purchased a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,118 shares of the company’s stock, valued at approximately $26,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Avior Wealth Management LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF by 74.4% during the third quarter. Avior Wealth Management LLC now owns 7,280 shares of the company’s stock valued at $171,000 after acquiring an additional 3,105 shares during the last quarter. First Horizon Advisors Inc. lifted its holdings in iShares U.S. Treasury Bond ETF by 7.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 41,171 shares of the company’s stock valued at $966,000 after purchasing an additional 3,000 shares in the last quarter. Shelter Mutual Insurance Co boosted its stake in shares of iShares U.S. Treasury Bond ETF by 119.3% during the 3rd quarter. Shelter Mutual Insurance Co now owns 105,250 shares of the company’s stock worth $2,392,000 after purchasing an additional 57,250 shares during the last quarter. LPL Financial LLC grew its holdings in shares of 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 buying an additional 3,525,851 shares in the last quarter. Finally, Cerity Partners OCIO LLC grew its holdings in shares of iShares U.S. Treasury Bond ETF by 3.7% during the third quarter. Cerity Partners OCIO LLC now owns 469,919 shares of the company’s stock worth $11,020,000 after buying an additional 16,776 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.1 %

Shares of BATS GOVT opened at $22.94 on Friday. The stock’s 50-day moving average price is $22.64 and its 200 day moving average price is $22.84.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.0613 dividend. 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.