iShares U.S. Treasury Bond ETF (BATS:GOVT) Shares Acquired by Cutler Investment Counsel LLC

Cutler Investment Counsel LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 676,936 shares of the company’s stock after buying an additional 26,674 shares during the quarter. iShares U.S. Treasury Bond ETF comprises approximately 2.2% of Cutler Investment Counsel LLC’s holdings, making the stock its 13th largest holding. Cutler Investment Counsel LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $15,597,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in GOVT. Strategic Financial Concepts LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 94.1% in the third quarter. Strategic Financial Concepts LLC now owns 206,716 shares of the company’s stock valued at $4,556,000 after acquiring an additional 100,233 shares during the period. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter valued at approximately $97,000. Modera Wealth Management LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter valued at $22,038,000. Hoese & Co LLP boosted its holdings in iShares U.S. Treasury Bond ETF by 1.3% during the fourth quarter. Hoese & Co LLP now owns 775,524 shares of the company’s stock worth $17,395,000 after buying an additional 9,991 shares in the last quarter. Finally, Verum Partners LLC grew its position in iShares U.S. Treasury Bond ETF by 130.9% during the fourth quarter. Verum Partners LLC now owns 826,300 shares of the company’s stock valued at $19,038,000 after buying an additional 468,478 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT traded down $0.05 on Friday, reaching $22.18. The stock had a trading volume of 11,329,355 shares. The company has a 50-day moving average price of $22.56 and a 200-day moving average price of $22.49.

iShares U.S. Treasury Bond ETF Increases Dividend

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

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.