iShares U.S. Treasury Bond ETF (BATS:GOVT) Shares Purchased by Independence Bank of Kentucky

Independence Bank of Kentucky raised its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 218.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 12,772 shares of the company’s stock after purchasing an additional 8,763 shares during the period. Independence Bank of Kentucky’s holdings in iShares U.S. Treasury Bond ETF were worth $294,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GOVT. LPL Financial LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF by 3.4% during the third quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock valued at $2,527,054,000 after acquiring an additional 3,525,851 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF by 7.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock worth $858,874,000 after purchasing an additional 2,642,472 shares during the last quarter. Allworth Financial LP grew its holdings in shares of iShares U.S. Treasury Bond ETF by 2.6% during the third quarter. Allworth Financial LP now owns 28,799,490 shares of the company’s stock worth $675,348,000 after buying an additional 735,803 shares in the last quarter. Assetmark Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 3.6% during the third quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock valued at $431,936,000 after buying an additional 639,816 shares during the period. Finally, Mutual Advisors LLC boosted its position in iShares U.S. Treasury Bond ETF by 18.2% during the fourth quarter. Mutual Advisors LLC now owns 11,332,555 shares of the company’s stock worth $254,473,000 after acquiring an additional 1,741,584 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT opened at $22.58 on Friday. The company has a fifty day simple moving average of $22.60 and a two-hundred day simple moving average of $22.92.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be paid a $0.0674 dividend. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date is Monday, February 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.