Apollon Wealth Management LLC Has $2.17 Million Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Apollon Wealth Management LLC lifted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 56.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,146 shares of the company’s stock after acquiring an additional 33,983 shares during the period. Apollon Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $2,169,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in GOVT. Criterion Capital Advisors LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $32,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $33,000. Archer Investment Corp lifted its stake in shares of iShares U.S. Treasury Bond ETF by 75.5% during the 3rd quarter. Archer Investment Corp now owns 1,815 shares of the company’s stock worth $40,000 after buying an additional 781 shares during the last quarter. SJS Investment Consulting Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $49,000. Finally, Salem Investment Counselors Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 41.5% during the 4th quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock worth $51,000 after buying an additional 649 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT traded up $0.05 during mid-day trading on Wednesday, reaching $22.39. 5,786,380 shares of the company were exchanged. The firm’s fifty day moving average is $22.47 and its 200-day moving average is $22.53.

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 paid a $0.0583 dividend. This is a boost from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, April 1st.

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.