Donaldson Capital Management LLC Sells 5,277 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Donaldson Capital Management LLC cut its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 19.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,042 shares of the company’s stock after selling 5,277 shares during the period. Donaldson Capital Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $508,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Peavine Capital LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth about $220,142,000. Prime Capital Investment Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF by 30,577.4% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 8,307,734 shares of the company’s stock worth $191,410,000 after buying an additional 8,280,653 shares in the last quarter. Mutual Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF by 3,451.1% in the fourth quarter. Mutual Advisors LLC now owns 7,386,162 shares of the company’s stock worth $170,177,000 after buying an additional 7,178,164 shares in the last quarter. FMR LLC boosted its stake in iShares U.S. Treasury Bond ETF by 8.5% in the third quarter. FMR LLC now owns 85,547,733 shares of the company’s stock worth $1,885,472,000 after buying an additional 6,707,884 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in iShares U.S. Treasury Bond ETF in the second quarter worth approximately $148,306,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT traded down $0.11 during midday trading on Tuesday, hitting $22.19. The stock had a trading volume of 10,367,818 shares. The company’s 50-day moving average is $22.60 and its two-hundred day moving average is $22.49.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.0583 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05.

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.