Parallel Advisors LLC Grows Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Parallel Advisors LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 377,730 shares of the company’s stock after purchasing an additional 30,518 shares during the quarter. Parallel Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $8,680,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of GOVT. Charles Schwab Investment Management Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 56.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 20,088,596 shares of the company’s stock valued at $461,636,000 after acquiring an additional 7,266,546 shares during the period. Allworth Financial LP boosted its holdings in iShares U.S. Treasury Bond ETF by 15.4% during the 4th quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock valued at $747,159,000 after acquiring an additional 4,437,105 shares during the period. Morningstar Investment Management LLC boosted its holdings in iShares U.S. Treasury Bond ETF by 49.5% during the 4th quarter. Morningstar Investment Management LLC now owns 13,124,464 shares of the company’s stock valued at $301,600,000 after acquiring an additional 4,347,422 shares during the period. LPL Financial LLC boosted its holdings in iShares U.S. Treasury Bond ETF by 3.4% during the 3rd quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock valued at $2,527,054,000 after acquiring an additional 3,525,851 shares during the period. Finally, PNC Financial Services Group Inc. boosted 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 valued at $914,991,000 after acquiring an additional 3,191,079 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.82 on Monday. The firm’s 50 day moving average price is $22.61 and its 200-day moving average price is $22.84.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.0613 dividend. 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.