Bull Oak Capital LLC Raises Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Bull Oak Capital LLC increased its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 69.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 383,393 shares of the company’s stock after buying an additional 157,301 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for about 5.2% of Bull Oak Capital LLC’s portfolio, making the stock its 7th biggest holding. Bull Oak Capital LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $8,991,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock worth $2,352,644,000 after buying an additional 6,443,351 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 14.4% during the second quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock worth $1,295,174,000 after acquiring an additional 7,203,276 shares during the period. Fund Evaluation Group LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 3.4% in the second quarter. Fund Evaluation Group LLC now owns 11,116,463 shares of the company’s stock valued at $250,899,000 after purchasing an additional 368,383 shares during the last quarter. Peavine Capital LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 3.1% during the first quarter. Peavine Capital LLC now owns 9,848,623 shares of the company’s stock worth $224,253,000 after purchasing an additional 293,858 shares during the period. Finally, Morningstar Investment Management LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 16.3% during the 2nd quarter. Morningstar Investment Management LLC now owns 8,717,729 shares of the company’s stock worth $196,759,000 after purchasing an additional 1,221,559 shares during the last quarter.

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

GOVT opened at $22.90 on Friday. The firm has a 50-day moving average price of $23.30 and a two-hundred day moving average price of $22.83.

iShares U.S. Treasury Bond ETF Increases Dividend

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

About iShares U.S. Treasury Bond ETF

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.