Sequoia Financial Advisors LLC Purchases 1,809 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Sequoia Financial Advisors LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 66,969 shares of the company’s stock after acquiring an additional 1,809 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,539,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Franklin Resources Inc. lifted its stake in iShares U.S. Treasury Bond ETF by 5.3% in the third quarter. Franklin Resources Inc. now owns 27,228 shares of the company’s stock valued at $626,000 after buying an additional 1,380 shares in the last quarter. Bank of New York Mellon Corp lifted its position in iShares U.S. Treasury Bond ETF by 9.0% in the 4th quarter. Bank of New York Mellon Corp now owns 1,484,339 shares of the company’s stock valued at $34,110,000 after acquiring an additional 122,353 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in iShares U.S. Treasury Bond ETF by 2.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 334,455 shares of the company’s stock worth $7,686,000 after purchasing an additional 8,101 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth about $759,000. Finally, PNC Financial Services Group Inc. raised its stake in shares of iShares U.S. Treasury Bond ETF by 8.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock valued at $914,991,000 after purchasing an additional 3,191,079 shares during the period.

iShares U.S. Treasury Bond ETF Stock Down 0.3 %

GOVT stock opened at $22.82 on Friday. The stock’s fifty day moving average price is $22.61 and its 200-day moving average price is $22.85.

iShares U.S. Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.0613 per share. The ex-dividend date was Monday, March 3rd.

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.