Baker Avenue Asset Management LP Acquires Shares of 10,258 iShares U.S. Treasury Bond ETF (BATS:GOVT)

Baker Avenue Asset Management LP bought a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 3rd quarter, HoldingsChannel reports. The fund bought 10,258 shares of the company’s stock, valued at approximately $241,000.

A number of other institutional investors have also recently made changes to their positions in GOVT. Bailard Inc. lifted its position in iShares U.S. Treasury Bond ETF by 6.4% in the 2nd quarter. Bailard Inc. now owns 1,646,756 shares of the company’s stock valued at $37,167,000 after acquiring an additional 98,877 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 40.5% during the third quarter. Raymond James & Associates now owns 577,572 shares of the company’s stock valued at $13,544,000 after purchasing an additional 166,466 shares in the last quarter. Signaturefd LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 766.7% during the third quarter. Signaturefd LLC now owns 10,140 shares of the company’s stock valued at $238,000 after buying an additional 8,970 shares during the last quarter. Regency Capital Management Inc. DE increased its holdings in iShares U.S. Treasury Bond ETF by 1,729.4% in the 3rd quarter. Regency Capital Management Inc. DE now owns 369,877 shares of the company’s stock worth $8,674,000 after buying an additional 349,659 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in iShares U.S. Treasury Bond ETF by 30.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,081,455 shares of the company’s stock worth $24,408,000 after buying an additional 254,255 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.2 %

Shares of BATS GOVT opened at $22.73 on Tuesday. The company’s 50-day moving average is $23.17 and its 200-day moving average is $22.89.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued 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.