Prime Capital Investment Advisors LLC Has $171.10 Million Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Prime Capital Investment Advisors LLC lessened its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,296,440 shares of the company’s stock after selling 565,080 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for about 2.4% of Prime Capital Investment Advisors LLC’s investment portfolio, making the stock its 6th largest position. Prime Capital Investment Advisors LLC owned 0.65% of iShares U.S. Treasury Bond ETF worth $171,102,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 14.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock valued at $1,295,174,000 after purchasing an additional 7,203,276 shares in the last quarter. LPL Financial LLC increased its stake 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 valued at $2,352,644,000 after buying an additional 6,443,351 shares during the period. School Employees Retirement Board of Ohio acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter valued at $84,018,000. Cetera Investment Advisers increased its stake in shares of 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 valued at $72,350,000 after buying an additional 2,711,371 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter valued at $33,768,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT traded down $0.04 during midday trading on Tuesday, hitting $22.73. The stock had a trading volume of 4,514,559 shares. The stock has a fifty day simple moving average of $23.17 and a 200-day simple moving average of $22.89.

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 paid a dividend of $0.0629 per share. 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.

iShares U.S. Treasury Bond ETF Company 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.