Gradient Investments LLC Buys 2,422 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Gradient Investments LLC increased its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 794.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,727 shares of the company’s stock after acquiring an additional 2,422 shares during the quarter. Gradient Investments LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $62,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Morningstar Investment Management LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at about $144,757,000. Charles Schwab Investment Management Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 64.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,350,003 shares of the company’s stock worth $330,624,000 after purchasing an additional 5,635,763 shares in the last quarter. School Employees Retirement Board of Ohio purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the second quarter worth approximately $84,018,000. Cetera Investment Advisers raised its stake in shares of iShares U.S. Treasury Bond ETF by 581.8% in the first quarter. Cetera Investment Advisers now owns 3,177,425 shares of the company’s stock worth $72,350,000 after purchasing an additional 2,711,371 shares during the last quarter. Finally, GLOBALT Investments LLC GA bought a new position in shares of iShares U.S. Treasury Bond ETF in the fourth quarter valued at approximately $60,738,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS:GOVT opened at $23.23 on Friday. The firm’s 50-day moving average is $22.82 and its 200 day moving average is $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were paid a $0.0606 dividend. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date was Monday, July 1st.

iShares U.S. Treasury Bond ETF Company 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.