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

Source Financial Advisors LLC grew its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 870,969 shares of the company’s stock after purchasing an additional 11,188 shares during the period. iShares U.S. Treasury Bond ETF comprises about 6.0% of Source Financial Advisors LLC’s holdings, making the stock its 5th largest holding. Source Financial Advisors LLC owned approximately 0.08% of iShares U.S. Treasury Bond ETF worth $20,424,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 14.4% in the second quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock worth $1,295,174,000 after buying an additional 7,203,276 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 6.6% in the 2nd quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock worth $2,352,644,000 after acquiring an additional 6,443,351 shares during the last quarter. School Employees Retirement Board of Ohio purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter valued at $84,018,000. Cetera Investment Advisers raised its position in iShares U.S. Treasury Bond ETF by 581.8% in the 1st quarter. Cetera Investment Advisers now owns 3,177,425 shares of the company’s stock worth $72,350,000 after purchasing an additional 2,711,371 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in iShares U.S. Treasury Bond ETF in the second quarter worth $33,768,000.

iShares U.S. Treasury Bond ETF Trading Up 0.2 %

Shares of BATS:GOVT opened at $22.77 on Friday. The company’s 50-day moving average is $23.18 and its 200-day moving average is $22.87.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.0629 per share. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Tuesday, September 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.