Balentine LLC Makes New $927,000 Investment in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Balentine LLC bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 39,514 shares of the company’s stock, valued at approximately $927,000.

Several other large investors have also modified their holdings of the stock. Bailard Inc. increased its stake in iShares U.S. Treasury Bond ETF by 6.4% in the 2nd quarter. Bailard Inc. now owns 1,646,756 shares of the company’s stock valued at $37,167,000 after buying an additional 98,877 shares during the period. Raymond James & Associates boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 40.5% in the third quarter. Raymond James & Associates now owns 577,572 shares of the company’s stock valued at $13,544,000 after acquiring an additional 166,466 shares in the last quarter. Signaturefd LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 766.7% during the third quarter. Signaturefd LLC now owns 10,140 shares of the company’s stock worth $238,000 after acquiring an additional 8,970 shares during the period. Regency Capital Management Inc. DE raised its holdings in iShares U.S. Treasury Bond ETF by 1,729.4% during the third quarter. Regency Capital Management Inc. DE now owns 369,877 shares of the company’s stock worth $8,674,000 after purchasing an additional 349,659 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its position in iShares U.S. Treasury Bond ETF by 30.7% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,081,455 shares of the company’s stock valued at $24,408,000 after purchasing an additional 254,255 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $22.79 on Wednesday. The firm has a fifty day simple moving average of $23.22 and a 200 day simple moving average of $22.87.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.0629 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.