Scotia Capital Inc. Sells 3,210 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Scotia Capital Inc. lowered its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 215,021 shares of the company’s stock after selling 3,210 shares during the period. Scotia Capital Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $4,954,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GOVT. Criterion Capital Advisors LLC acquired a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $32,000. Wetzel Investment Advisors Inc. acquired a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter valued at $33,000. Archer Investment Corp raised its position in iShares U.S. Treasury Bond ETF by 75.5% during the 3rd quarter. Archer Investment Corp now owns 1,815 shares of the company’s stock worth $40,000 after purchasing an additional 781 shares during the last quarter. SJS Investment Consulting Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth about $49,000. Finally, Salem Investment Counselors Inc. grew its position in shares of iShares U.S. Treasury Bond ETF by 41.5% in the 4th quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock valued at $51,000 after buying an additional 649 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock traded up $0.09 during midday trading on Friday, reaching $22.41. The company had a trading volume of 3,246,508 shares. The stock’s fifty day moving average is $22.38 and its two-hundred day moving average is $22.58.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.0583 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05.

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.