US Bancorp DE Trims Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

US Bancorp DE trimmed its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 76.5% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,187,491 shares of the company’s stock after selling 3,859,998 shares during the quarter. US Bancorp DE’s holdings in iShares U.S. Treasury Bond ETF were worth $27,360,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in GOVT. Criterion Capital Advisors LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth $32,000. Wetzel Investment Advisors Inc. bought a new position in iShares U.S. Treasury Bond ETF in the fourth quarter worth about $33,000. Archer Investment Corp lifted its position in shares of iShares U.S. Treasury Bond ETF by 75.5% during the third quarter. Archer Investment Corp now owns 1,815 shares of the company’s stock valued at $40,000 after buying an additional 781 shares during the last quarter. SJS Investment Consulting Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at about $49,000. Finally, Salem Investment Counselors Inc. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 41.5% in the 4th quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock valued at $51,000 after buying an additional 649 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Up 0.1 %

Shares of BATS GOVT traded up $0.02 during trading hours on Friday, hitting $22.43. 3,249,366 shares of the stock were exchanged. The firm’s 50 day simple moving average is $22.40 and its two-hundred day simple moving average is $22.58.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.0583 per share. The ex-dividend date 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.