Modern Wealth Management LLC Purchases 262,244 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Modern Wealth Management LLC increased its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 131.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 461,718 shares of the company’s stock after acquiring an additional 262,244 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $10,428,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in GOVT. Charles Schwab Investment Management Inc. lifted its position in iShares U.S. Treasury Bond ETF by 56.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 20,088,596 shares of the company’s stock valued at $461,636,000 after purchasing an additional 7,266,546 shares during the period. LPL Financial LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 5.0% during the fourth quarter. LPL Financial LLC now owns 113,104,408 shares of the company’s stock worth $2,599,139,000 after acquiring an additional 5,340,900 shares in the last quarter. Allworth Financial LP lifted its holdings in iShares U.S. Treasury Bond ETF by 15.4% during the fourth quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock worth $747,159,000 after acquiring an additional 4,437,105 shares in the last quarter. Morningstar Investment Management LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF by 49.5% in the fourth quarter. Morningstar Investment Management LLC now owns 13,124,464 shares of the company’s stock worth $301,600,000 after acquiring an additional 4,347,422 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 8.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock valued at $914,991,000 after purchasing an additional 3,191,079 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

BATS GOVT opened at $22.82 on Tuesday. The business’s 50-day simple moving average is $22.67 and its 200 day simple moving average is $22.82.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.0613 per share. The ex-dividend date was 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.