Nwam LLC Purchases New Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Nwam LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the fourth quarter, Holdings Channel reports. The firm purchased 16,096 shares of the company’s stock, valued at approximately $370,000.

Several other institutional investors also recently bought and sold shares of GOVT. Allworth Financial LP grew its position in shares of iShares U.S. Treasury Bond ETF by 15.4% in the fourth quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock valued at $747,159,000 after purchasing 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% in the 4th quarter. Morningstar Investment Management LLC now owns 13,124,464 shares of the company’s stock worth $301,600,000 after buying an additional 4,347,422 shares during the last quarter. LPL Financial LLC increased its stake 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 worth $2,527,054,000 after buying an additional 3,525,851 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 34.2% during the third quarter. JPMorgan Chase & Co. now owns 11,133,024 shares of the company’s stock valued at $261,069,000 after acquiring an additional 2,837,004 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 7.8% during the third quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock valued at $858,874,000 after acquiring an additional 2,642,472 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.5 %

Shares of BATS:GOVT opened at $23.00 on Friday. The stock has a 50-day moving average price of $22.54 and a 200 day moving average price of $22.88.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.0613 per share. The ex-dividend date of this dividend is 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.