Proquility Private Wealth Partners LLC Has $5.73 Million Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Proquility Private Wealth Partners LLC lifted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 9.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 244,359 shares of the company’s stock after acquiring an additional 20,358 shares during the quarter. iShares U.S. Treasury Bond ETF makes up approximately 1.8% of Proquility Private Wealth Partners LLC’s portfolio, making the stock its 16th biggest position. Proquility Private Wealth Partners LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $5,730,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GOVT. Syon Capital LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth about $221,000. Scarborough Advisors LLC bought a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter worth approximately $57,000. GAMMA Investing LLC acquired a new position in iShares U.S. Treasury Bond ETF in the first quarter valued at approximately $393,000. Foster Group Inc. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 2,094.4% during the 1st quarter. Foster Group Inc. now owns 1,812,960 shares of the company’s stock worth $41,281,000 after buying an additional 1,730,344 shares in the last quarter. Finally, Montecito Bank & Trust grew its position in shares of iShares U.S. Treasury Bond ETF by 14.6% during the 1st quarter. Montecito Bank & Trust now owns 517,774 shares of the company’s stock worth $11,790,000 after buying an additional 65,918 shares during the period.

iShares U.S. Treasury Bond ETF Stock Up 0.4 %

BATS:GOVT opened at $23.10 on Wednesday. The business has a 50 day moving average of $23.33 and a two-hundred day moving average of $22.81.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.0629 dividend. The ex-dividend date of this dividend was 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.