Spire Wealth Management Reduces Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Posted by Phillip Gast on Sep 2nd, 2024

Spire Wealth Management cut its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report) by 30.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 66,651 shares of the company’s stock after selling 28,571 shares during the quarter. Spire Wealth Management’s holdings in iShares U.S. Treasury Bond ETF were worth $1,504,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. SteelPeak Wealth LLC raised 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 buying an additional 441 shares during the last quarter. TrueWealth Advisors LLC raised its position in 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 worth $252,000 after acquiring an additional 474 shares during the last quarter. Magnolia Capital Advisors LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 4.5% in the first quarter. Magnolia Capital Advisors LLC now owns 14,125 shares of the company’s stock valued at $314,000 after purchasing an additional 606 shares in the last quarter. RHS Financial LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 1.6% in the first quarter. RHS Financial LLC now owns 38,373 shares of the company’s stock valued at $874,000 after purchasing an additional 608 shares during the last quarter. Finally, Salem Investment Counselors Inc. grew its position in shares of iShares U.S. Treasury Bond ETF by 29.6% in the first quarter. Salem Investment Counselors Inc. now owns 2,868 shares of the company’s stock valued at $65,000 after purchasing an additional 655 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock traded down $0.06 during trading on Friday, hitting $23.24. 6,653,929 shares of the company were exchanged. The stock has a fifty day moving average of $22.95 and a 200 day moving average of $22.65.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd will be given a dividend of $0.0629 per share. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date is Tuesday, September 3rd.

iShares U.S. Treasury Bond ETF Company Profile

(Free Report)

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.