45,875 Shares in iShares U.S. Treasury Bond ETF (BATS:GOVT) Purchased by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. acquired a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 45,875 shares of the company’s stock, valued at approximately $1,035,000.

Several other hedge funds have also bought and sold shares of the business. Morningstar Investment Management LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the fourth quarter worth approximately $144,757,000. Charles Schwab Investment Management Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 64.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 14,350,003 shares of the company’s stock worth $330,624,000 after buying an additional 5,635,763 shares in the last quarter. School Employees Retirement Board of Ohio bought a new position in shares of iShares U.S. Treasury Bond ETF in the second quarter worth approximately $84,018,000. Cetera Investment Advisers lifted its stake in shares of iShares U.S. Treasury Bond ETF by 581.8% in the first quarter. Cetera Investment Advisers now owns 3,177,425 shares of the company’s stock worth $72,350,000 after buying an additional 2,711,371 shares in the last quarter. Finally, GLOBALT Investments LLC GA bought a new position in shares of iShares U.S. Treasury Bond ETF in the fourth quarter worth approximately $60,738,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT traded up $0.08 during midday trading on Wednesday, hitting $23.27. The stock had a trading volume of 2,900,562 shares. The firm’s 50 day moving average is $22.78 and its 200 day moving average is $22.60.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were given a dividend of $0.0606 per share. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, July 1st.

iShares U.S. Treasury Bond ETF Company 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.