GDS Wealth Management Boosts Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

GDS Wealth Management lifted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 17.3% during the third quarter, HoldingsChannel reports. The firm owned 10,440 shares of the company’s stock after purchasing an additional 1,538 shares during the quarter. GDS Wealth Management’s holdings in iShares U.S. Treasury Bond ETF were worth $245,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in GOVT. LPL Financial LLC boosted its position in iShares U.S. Treasury Bond ETF by 6.6% in the 2nd quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock valued at $2,352,644,000 after buying an additional 6,443,351 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 14.4% in the second quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock worth $1,295,174,000 after acquiring an additional 7,203,276 shares in the last quarter. Allworth Financial LP boosted its holdings in iShares U.S. Treasury Bond ETF by 2.6% in the third quarter. Allworth Financial LP now owns 28,799,490 shares of the company’s stock valued at $675,348,000 after purchasing an additional 735,803 shares during the last quarter. Assetmark Inc. grew its stake in iShares U.S. Treasury Bond ETF by 3.6% during the 3rd quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock valued at $431,936,000 after purchasing an additional 639,816 shares in the last quarter. Finally, Fund Evaluation Group LLC increased its holdings in iShares U.S. Treasury Bond ETF by 3.4% during the 2nd quarter. Fund Evaluation Group LLC now owns 11,116,463 shares of the company’s stock worth $250,899,000 after purchasing an additional 368,383 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.2 %

Shares of GOVT opened at $22.73 on Tuesday. The firm has a 50-day simple moving average of $23.17 and a 200 day simple moving average of $22.89.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.0629 per share. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date was Tuesday, September 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.