Peavine Capital LLC Cuts Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Peavine Capital LLC lowered its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,532,783 shares of the company’s stock after selling 84,906 shares during the quarter. iShares U.S. Treasury Bond ETF comprises about 54.7% of Peavine Capital LLC’s investment portfolio, making the stock its biggest position. Peavine Capital LLC owned approximately 0.84% of iShares U.S. Treasury Bond ETF worth $223,544,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Westside Investment Management Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF during the 2nd quarter valued at $29,000. EverSource Wealth Advisors LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF by 79.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,680 shares of the company’s stock valued at $39,000 after purchasing an additional 746 shares in the last quarter. Family Asset Management LLC raised its holdings in iShares U.S. Treasury Bond ETF by 210.9% in the 2nd quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock worth $43,000 after acquiring an additional 1,291 shares during the period. Avion Wealth bought a new position in iShares U.S. Treasury Bond ETF in the 2nd quarter worth $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares U.S. Treasury Bond ETF in the 2nd quarter worth $52,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT traded down $0.02 during trading on Tuesday, hitting $22.90. The stock had a trading volume of 7,566,555 shares. The company has a 50 day simple moving average of $23.32 and a 200 day simple moving average of $22.83.

iShares U.S. Treasury Bond ETF Increases Dividend

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