Foundations Investment Advisors LLC Has $7.30 Million Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Foundations Investment Advisors LLC lifted its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 323,359 shares of the company’s stock after buying an additional 22,879 shares during the period. Foundations Investment Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $7,298,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of GOVT. ICA Group Wealth Management LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth $28,000. Westside Investment Management Inc. bought a new position in iShares U.S. Treasury Bond ETF during the second quarter valued at about $29,000. Family Asset Management LLC raised its holdings in iShares U.S. Treasury Bond ETF by 210.9% during the second quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock valued at $43,000 after buying an additional 1,291 shares in the last quarter. Avion Wealth bought a new position in iShares U.S. Treasury Bond ETF during the second quarter valued at about $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares U.S. Treasury Bond ETF during the second quarter valued at about $52,000.

iShares U.S. Treasury Bond ETF Price Performance

BATS GOVT traded up $0.11 during trading on Wednesday, hitting $23.29. 7,631,433 shares of the company traded hands. The business’s 50 day simple moving average is $22.97 and its two-hundred day simple moving average is $22.66.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd will be paid a $0.0629 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.