Woodmont Investment Counsel LLC Purchases New Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Woodmont Investment Counsel LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,414 shares of the company’s stock, valued at approximately $55,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC grew its position in iShares U.S. Treasury Bond ETF by 5.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,969,584 shares of the company’s stock worth $113,157,000 after purchasing an additional 268,193 shares during the period. Silvia Mccoll Wealth Management LLC grew its position in iShares U.S. Treasury Bond ETF by 4.9% in the 1st quarter. Silvia Mccoll Wealth Management LLC now owns 37,558 shares of the company’s stock worth $836,000 after purchasing an additional 1,744 shares during the period. Cobblestone Asset Management LLC grew its position in iShares U.S. Treasury Bond ETF by 3.7% in the 1st quarter. Cobblestone Asset Management LLC now owns 24,275 shares of the company’s stock worth $553,000 after purchasing an additional 859 shares during the period. Fifth Third Securities Inc. grew its position in iShares U.S. Treasury Bond ETF by 17.7% in the 1st quarter. Fifth Third Securities Inc. now owns 159,588 shares of the company’s stock worth $3,634,000 after purchasing an additional 24,028 shares during the period. Finally, RHS Financial LLC grew its position in iShares U.S. Treasury Bond ETF by 1.6% in the 1st quarter. RHS Financial LLC now owns 38,373 shares of the company’s stock worth $874,000 after purchasing an additional 608 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock traded down $0.13 on Tuesday, hitting $22.38. 5,805,187 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $22.45 and a 200-day moving average of $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a dividend of $0.0606 per share. The ex-dividend date of this dividend is Monday, July 1st. This is a boost 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.