Joel Adams & Associates Inc. Invests $500,000 in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Joel Adams & Associates Inc. bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 21,765 shares of the company’s stock, valued at approximately $500,000.

Several other large investors have also modified their holdings of GOVT. LPL Financial LLC lifted its holdings 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 during the last quarter. Truist Financial Corp raised its position in shares of iShares U.S. Treasury Bond ETF by 2.4% during the 4th quarter. Truist Financial Corp now owns 66,956,719 shares of the company’s stock valued at $1,538,665,000 after acquiring an additional 1,543,834 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in 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 worth $858,874,000 after purchasing an additional 2,642,472 shares during the last quarter. Allworth Financial LP boosted its holdings in 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 worth $747,159,000 after purchasing an additional 4,437,105 shares during the period. Finally, Assetmark Inc. increased its stake in iShares U.S. Treasury Bond ETF by 3.6% during the third quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock valued at $431,936,000 after purchasing an additional 639,816 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

iShares U.S. Treasury Bond ETF stock opened at $22.54 on Wednesday. The business has a 50-day simple moving average of $22.53 and a 200-day simple moving average of $22.90.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.0674 dividend. The ex-dividend date of this dividend was Monday, February 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.