Verdence Capital Advisors LLC Has $1.39 Million Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Verdence Capital Advisors LLC decreased its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 10.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,389 shares of the company’s stock after selling 7,211 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,388,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of GOVT. Charles Schwab Investment Management Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 56.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,088,596 shares of the company’s stock worth $461,636,000 after purchasing an additional 7,266,546 shares in the last quarter. Allworth Financial LP boosted its stake in iShares U.S. Treasury Bond ETF by 15.4% in the fourth quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock worth $747,159,000 after purchasing an additional 4,437,105 shares in the last quarter. Morningstar Investment Management LLC boosted its stake in iShares U.S. Treasury Bond ETF by 49.5% in the fourth quarter. Morningstar Investment Management LLC now owns 13,124,464 shares of the company’s stock worth $301,600,000 after purchasing an additional 4,347,422 shares in the last quarter. LPL Financial LLC boosted its stake in iShares U.S. Treasury Bond ETF by 3.4% in the third quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock worth $2,527,054,000 after purchasing an additional 3,525,851 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 16.2% in the fourth quarter. Assetmark Inc. now owns 21,409,555 shares of the company’s stock worth $491,992,000 after purchasing an additional 2,990,094 shares in the last quarter.

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

iShares U.S. Treasury Bond ETF stock opened at $22.84 on Thursday. The business has a 50 day simple moving average of $22.56 and a two-hundred day simple moving average of $22.87.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a $0.0613 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

About iShares U.S. Treasury Bond ETF

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.