iShares U.S. Treasury Bond ETF (BATS:GOVT) Shares Bought by Bank of Marin

Bank of Marin raised its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 25.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 52,732 shares of the company’s stock after buying an additional 10,788 shares during the period. iShares U.S. Treasury Bond ETF comprises about 1.0% of Bank of Marin’s portfolio, making the stock its 27th largest holding. Bank of Marin’s holdings in iShares U.S. Treasury Bond ETF were worth $1,237,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently modified their holdings of the stock. Westside Investment Management Inc. purchased a new position in iShares U.S. Treasury Bond ETF during the second quarter valued at $29,000. St. Johns Investment Management Company LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth about $38,000. EverSource Wealth Advisors LLC lifted its stake in iShares U.S. Treasury Bond ETF by 79.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,680 shares of the company’s stock valued at $39,000 after buying an additional 746 shares in the last quarter. Family Asset Management LLC boosted its holdings in iShares U.S. Treasury Bond ETF by 210.9% in the 2nd quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock worth $43,000 after buying an additional 1,291 shares during the last quarter. Finally, Avion Wealth purchased a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter worth approximately $45,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS GOVT traded up $0.01 during midday trading on Friday, hitting $22.61. The stock had a trading volume of 7,415,395 shares. The company’s 50-day simple moving average is $23.12 and its 200 day simple moving average is $22.88.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders 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 positive change 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.