Magnus Financial Group LLC Makes New $205,000 Investment in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Magnus Financial Group LLC acquired a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,878 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. FMR LLC boosted its position in iShares U.S. Treasury Bond ETF by 8.5% in the 3rd quarter. FMR LLC now owns 85,547,733 shares of the company’s stock worth $1,885,472,000 after purchasing an additional 6,707,884 shares in the last quarter. Allworth Financial LP boosted its holdings in iShares U.S. Treasury Bond ETF by 2.0% during the fourth quarter. Allworth Financial LP now owns 25,183,931 shares of the company’s stock worth $580,238,000 after buying an additional 486,526 shares in the last quarter. PNC Financial Services Group Inc. grew its position in iShares U.S. Treasury Bond ETF by 33.1% during the third quarter. PNC Financial Services Group Inc. now owns 17,819,469 shares of the company’s stock valued at $392,741,000 after buying an additional 4,427,187 shares during the period. Assetmark Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 14.8% in the third quarter. Assetmark Inc. now owns 16,257,132 shares of the company’s stock valued at $358,307,000 after buying an additional 2,096,717 shares in the last quarter. Finally, Peavine Capital LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF in the fourth quarter worth about $220,142,000.

iShares U.S. Treasury Bond ETF Price Performance

iShares U.S. Treasury Bond ETF stock opened at $22.22 on Tuesday. The firm has a 50 day simple moving average of $22.51 and a 200 day simple moving average of $22.51.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.0583 dividend. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change 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.