First Horizon Advisors Inc. Trims Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

First Horizon Advisors Inc. lowered its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 22.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,048 shares of the company’s stock after selling 9,123 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $736,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently modified their holdings of GOVT. Union Bancaire Privee UBP SA purchased a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at about $25,000. PSI Advisors LLC bought a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter worth about $34,000. Glen Eagle Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF by 55.2% during the third quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares in the last quarter. Raleigh Capital Management Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 123.0% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,777 shares of the company’s stock worth $41,000 after acquiring an additional 980 shares in the last quarter. Finally, Decker Retirement Planning Inc. bought a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter worth about $43,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS:GOVT opened at $22.74 on Tuesday. The business’s 50 day simple moving average is $22.52 and its 200-day simple moving average is $22.88.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.0674 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

About iShares U.S. Treasury Bond ETF

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.