Foster & Motley Inc. Lowers Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Foster & Motley Inc. lessened its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 37,942 shares of the company’s stock after selling 770 shares during the quarter. Foster & Motley Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $890,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position in shares of iShares U.S. Treasury Bond ETF by 14.4% in the second quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock valued at $1,295,174,000 after purchasing an additional 7,203,276 shares during the period. LPL Financial LLC lifted its stake in iShares U.S. Treasury Bond ETF by 6.6% in the 2nd quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock valued at $2,352,644,000 after buying an additional 6,443,351 shares in the last quarter. School Employees Retirement Board of Ohio purchased a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter worth approximately $84,018,000. Cetera Investment Advisers increased its stake in iShares U.S. Treasury Bond ETF by 581.8% during the 1st 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, Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at approximately $33,768,000.

iShares U.S. Treasury Bond ETF Trading Up 0.5 %

Shares of BATS:GOVT opened at $22.72 on Friday. The stock has a 50-day moving average price of $23.19 and a 200 day moving average price of $22.87.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.0629 per share. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date was Tuesday, September 3rd.

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.