Sequoia Financial Advisors LLC Has $1.54 Million Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Sequoia Financial Advisors LLC raised its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,969 shares of the company’s stock after acquiring an additional 1,809 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Franklin Resources Inc. increased its position in iShares U.S. Treasury Bond ETF by 5.3% in the third quarter. Franklin Resources Inc. now owns 27,228 shares of the company’s stock worth $626,000 after purchasing an additional 1,380 shares during the period. Bank of New York Mellon Corp grew its position in shares of iShares U.S. Treasury Bond ETF by 9.0% during the 4th quarter. Bank of New York Mellon Corp now owns 1,484,339 shares of the company’s stock worth $34,110,000 after buying an additional 122,353 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 2.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 334,455 shares of the company’s stock valued at $7,686,000 after buying an additional 8,101 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in iShares U.S. Treasury Bond ETF in the fourth quarter valued at approximately $759,000. Finally, PNC Financial Services Group Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 8.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock worth $914,991,000 after acquiring an additional 3,191,079 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $22.82 on Friday. The company has a fifty day moving average of $22.61 and a two-hundred day moving average of $22.85.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.0613 per share. The ex-dividend date 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.