Mayflower Financial Advisors LLC Sells 4,610 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Mayflower Financial Advisors LLC lessened its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 16.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,082 shares of the company’s stock after selling 4,610 shares during the period. Mayflower Financial Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $521,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. ICA Group Wealth Management LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the fourth quarter worth $28,000. Westside Investment Management Inc. bought a new position in iShares U.S. Treasury Bond ETF in the 2nd quarter worth about $29,000. Family Asset Management LLC grew its position in iShares U.S. Treasury Bond ETF by 210.9% during the 2nd quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock valued at $43,000 after purchasing an additional 1,291 shares during the last quarter. Avion Wealth purchased a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter valued at about $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter valued at about $52,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT opened at $23.46 on Friday. The business has a 50-day moving average price of $23.00 and a 200 day moving average price of $22.67.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 6th. Investors of record on Tuesday, September 3rd will be issued a $0.0629 dividend. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date is Tuesday, September 3rd.

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.