Beacon Bridge Wealth Partners LLC Sells 97,733 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Beacon Bridge Wealth Partners LLC trimmed its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 28.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 249,563 shares of the company’s stock after selling 97,733 shares during the quarter. iShares U.S. Treasury Bond ETF makes up 2.6% of Beacon Bridge Wealth Partners LLC’s investment portfolio, making the stock its 11th largest position. Beacon Bridge Wealth Partners LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $5,633,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Congress Wealth Management LLC DE grew its position in shares of iShares U.S. Treasury Bond ETF by 8.1% in the 4th quarter. Congress Wealth Management LLC DE now owns 222,360 shares of the company’s stock worth $5,123,000 after buying an additional 16,750 shares during the last quarter. TSA Wealth Managment LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $3,359,000. Benjamin F. Edwards & Company Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF by 491.2% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 3,240 shares of the company’s stock valued at $75,000 after purchasing an additional 2,692 shares in the last quarter. Vermillion & White Wealth Management Group LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $919,000. Finally, MMA Asset Management LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $5,123,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT opened at $23.29 on Wednesday. The company’s fifty day moving average price is $22.97 and its 200 day moving average price is $22.66.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be given a dividend of $0.0629 per share. 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.

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.