MCF Advisors LLC Has $97.20 Million Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

MCF Advisors LLC lifted its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,306,589 shares of the company’s stock after acquiring an additional 112,000 shares during the period. iShares U.S. Treasury Bond ETF accounts for about 7.4% of MCF Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. MCF Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $97,200,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. ICA Group Wealth Management LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $28,000. Westside Investment Management Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter worth approximately $29,000. Family Asset Management LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 210.9% in the 2nd quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock worth $43,000 after buying an additional 1,291 shares during the last quarter. Avion Wealth purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter worth approximately $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter worth approximately $52,000.

iShares U.S. Treasury Bond ETF Trading Up 0.2 %

iShares U.S. Treasury Bond ETF stock opened at $23.46 on Friday. The stock has a fifty day moving average of $23.00 and a 200 day moving average of $22.67.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd will be paid a dividend of $0.0629 per share. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend is Tuesday, September 3rd.

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.