Occidental Asset Management LLC Boosts Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Occidental Asset Management LLC raised its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 501,991 shares of the company’s stock after buying an additional 14,824 shares during the period. iShares U.S. Treasury Bond ETF makes up about 2.1% of Occidental Asset Management LLC’s holdings, making the stock its 13th biggest holding. Occidental Asset Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $11,430,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ICA Group Wealth Management LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $28,000. Criterion Capital Advisors LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $32,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $33,000. SJS Investment Consulting Inc. acquired a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter worth about $49,000. Finally, Salem Investment Counselors Inc. raised its stake in iShares U.S. Treasury Bond ETF by 41.5% during the fourth 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 period.

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

GOVT traded down $0.10 on Friday, hitting $22.57. 8,310,793 shares of the company’s stock were exchanged. The company’s fifty day simple moving average is $22.45 and its two-hundred day simple moving average is $22.62.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a dividend of $0.0594 per share. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, June 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.