Cobblestone Asset Management LLC Purchases 1,434 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Cobblestone Asset Management LLC lifted its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 5.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,709 shares of the company’s stock after acquiring an additional 1,434 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for approximately 0.4% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 29th largest holding. Cobblestone Asset Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $580,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in GOVT. SteelPeak Wealth LLC lifted its stake in shares of iShares U.S. Treasury Bond ETF by 0.3% during the 2nd quarter. SteelPeak Wealth LLC now owns 142,582 shares of the company’s stock worth $3,218,000 after purchasing an additional 441 shares during the last quarter. TrueWealth Advisors LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 4.5% during the first quarter. TrueWealth Advisors LLC now owns 11,077 shares of the company’s stock valued at $252,000 after buying an additional 474 shares during the last quarter. Invera Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 3.0% in the 1st quarter. Invera Wealth Advisors LLC now owns 16,802 shares of the company’s stock valued at $373,000 after buying an additional 482 shares in the last quarter. Magnolia Capital Advisors LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 4.5% in the 1st quarter. Magnolia Capital Advisors LLC now owns 14,125 shares of the company’s stock worth $314,000 after buying an additional 606 shares during the last quarter. Finally, RHS Financial LLC increased its position in iShares U.S. Treasury Bond ETF by 1.6% during the 1st quarter. RHS Financial LLC now owns 38,373 shares of the company’s stock valued at $874,000 after buying an additional 608 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock traded down $0.12 during trading hours on Thursday, reaching $23.18. 6,163,624 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $22.80 and a two-hundred day moving average price of $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were given a dividend of $0.0606 per share. The ex-dividend date of this dividend was Monday, July 1st. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.