Summit Financial Group Inc. Reduces Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Summit Financial Group Inc. decreased its position in iShares U.S. Treasury Bond ETF (BATS:GOVTFree Report) by 43.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 17,021 shares of the company’s stock after selling 13,243 shares during the period. Summit Financial Group Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $388,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Salem Investment Counselors Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 41.5% during the 4th quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock worth $51,000 after acquiring an additional 649 shares during the last quarter. Mayflower Financial Advisors LLC grew its holdings in iShares U.S. Treasury Bond ETF by 2.5% during the 4th quarter. Mayflower Financial Advisors LLC now owns 29,566 shares of the company’s stock worth $681,000 after acquiring an additional 721 shares during the last quarter. Pacific Financial Group Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 2.2% during the 4th quarter. Pacific Financial Group Inc. now owns 36,980 shares of the company’s stock worth $852,000 after acquiring an additional 790 shares during the last quarter. Cadence Bank grew its holdings in iShares U.S. Treasury Bond ETF by 7.6% during the 3rd quarter. Cadence Bank now owns 12,923 shares of the company’s stock worth $285,000 after acquiring an additional 915 shares during the last quarter. Finally, IFG Advisory LLC grew its holdings in iShares U.S. Treasury Bond ETF by 5.9% during the 4th quarter. IFG Advisory LLC now owns 16,778 shares of the company’s stock worth $387,000 after acquiring an additional 930 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.4 %

iShares U.S. Treasury Bond ETF stock traded up $0.09 during trading hours on Wednesday, reaching $22.75. 3,685,450 shares of the company’s stock traded hands. The business’s fifty day moving average price is $22.38 and its 200 day moving average price is $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a dividend of $0.0594 per share. The ex-dividend date was Monday, June 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

(Free Report)

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.

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Want to see what other hedge funds are holding GOVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Treasury Bond ETF (BATS:GOVTFree Report).

Institutional Ownership by Quarter for iShares U.S. Treasury Bond ETF (BATS:GOVT)

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