Bull Oak Capital LLC Sells 153,958 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Bull Oak Capital LLC decreased its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 40.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229,435 shares of the company’s stock after selling 153,958 shares during the quarter. iShares U.S. Treasury Bond ETF comprises about 2.9% of Bull Oak Capital LLC’s portfolio, making the stock its 10th biggest position. Bull Oak Capital LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $5,272,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Arkadios Wealth Advisors grew its stake in shares of iShares U.S. Treasury Bond ETF by 7.0% during the third quarter. Arkadios Wealth Advisors now owns 19,521 shares of the company’s stock worth $458,000 after acquiring an additional 1,269 shares during the last quarter. J.W. Cole Advisors Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 5.3% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 16,501 shares of the company’s stock worth $387,000 after purchasing an additional 831 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. purchased a new stake in iShares U.S. Treasury Bond ETF during the 3rd quarter worth approximately $330,000. abrdn plc increased its stake in iShares U.S. Treasury Bond ETF by 37.0% during the 3rd quarter. abrdn plc now owns 12,668 shares of the company’s stock valued at $297,000 after purchasing an additional 3,421 shares in the last quarter. Finally, Gateway Wealth Partners LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the third quarter worth $417,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT opened at $22.92 on Thursday. The firm has a 50-day moving average price of $22.52 and a two-hundred day moving average price of $22.88.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.0674 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

iShares U.S. Treasury Bond ETF Profile

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.