Valmark Advisers Inc. Has $1.87 Million Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Valmark Advisers Inc. cut its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 6.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 81,209 shares of the company’s stock after selling 5,788 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,871,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of GOVT. Peavine Capital LLC acquired a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter valued at $220,142,000. Prime Capital Investment Advisors LLC increased its holdings in iShares U.S. Treasury Bond ETF by 30,577.4% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 8,307,734 shares of the company’s stock valued at $191,410,000 after purchasing an additional 8,280,653 shares during the period. Mutual Advisors LLC increased its holdings in iShares U.S. Treasury Bond ETF by 3,451.1% in the fourth quarter. Mutual Advisors LLC now owns 7,386,162 shares of the company’s stock valued at $170,177,000 after purchasing an additional 7,178,164 shares during the period. FMR LLC increased its holdings in iShares U.S. Treasury Bond ETF by 8.5% in the third quarter. FMR LLC now owns 85,547,733 shares of the company’s stock valued at $1,885,472,000 after purchasing an additional 6,707,884 shares during the period. Finally, EP Wealth Advisors LLC increased its holdings in iShares U.S. Treasury Bond ETF by 25,862.5% in the third quarter. EP Wealth Advisors LLC now owns 4,706,219 shares of the company’s stock valued at $103,725,000 after purchasing an additional 4,688,092 shares during the period.

iShares U.S. Treasury Bond ETF Stock Up 0.2 %

BATS GOVT traded up $0.04 on Friday, reaching $22.16. The company had a trading volume of 4,752,787 shares. The business has a fifty day moving average price of $22.52 and a 200 day moving average price of $22.50.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.0583 per share. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, April 1st.

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.