Paragon Private Wealth Management LLC Buys 6,558 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Paragon Private Wealth Management LLC boosted its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 12.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,268 shares of the company’s stock after purchasing an additional 6,558 shares during the period. Paragon Private Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,339,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Coordinated Financial Services Inc. bought a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $3,002,000. Axis Wealth Partners LLC bought a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $308,000. Jordan Park Trust Co LLC bought a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $1,338,000. Dorsey & Whitney Trust CO LLC lifted its stake in iShares U.S. Treasury Bond ETF by 10.3% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 147,750 shares of the company’s stock valued at $3,395,000 after purchasing an additional 13,750 shares during the last quarter. Finally, Rialto Wealth Management LLC bought a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at $544,000.

iShares U.S. Treasury Bond ETF Stock Down 0.1 %

GOVT stock opened at $22.81 on Monday. The company’s 50-day simple moving average is $22.59 and its two-hundred day simple moving average is $22.86.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.0613 per share. The ex-dividend date of this dividend was Monday, March 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.