Sowell Financial Services LLC Reduces Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Sowell Financial Services LLC reduced its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVTFree Report) by 34.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 188,589 shares of the company’s stock after selling 98,673 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $4,334,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Union Bancaire Privee UBP SA bought a new position in iShares U.S. Treasury Bond ETF during the 4th quarter valued at about $25,000. PSI Advisors LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $34,000. Glen Eagle Advisors LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 55.2% during the third quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock valued at $40,000 after buying an additional 600 shares during the last quarter. Raleigh Capital Management Inc. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 123.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,777 shares of the company’s stock worth $41,000 after buying an additional 980 shares during the period. Finally, Decker Retirement Planning Inc. bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth approximately $43,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.81 on Friday. The firm has a 50 day simple moving average of $22.59 and a two-hundred day simple moving average of $22.86.

iShares U.S. Treasury Bond ETF Cuts Dividend

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

iShares U.S. Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares U.S. Treasury Bond ETF (BATS:GOVT)

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