iShares U.S. Treasury Bond ETF (BATS:GOVT) Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. raised its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 36,625,741 shares of the company’s stock after acquiring an additional 2,642,472 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $858,874,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of GOVT. SteelPeak Wealth LLC raised its position in shares of iShares U.S. Treasury Bond ETF by 0.3% during the second quarter. SteelPeak Wealth LLC now owns 142,582 shares of the company’s stock worth $3,218,000 after purchasing an additional 441 shares during the period. Horst & Graben Wealth Management LLC increased its stake in iShares U.S. Treasury Bond ETF by 0.6% in the 3rd quarter. Horst & Graben Wealth Management LLC now owns 81,351 shares of the company’s stock worth $1,908,000 after purchasing an additional 466 shares in the last quarter. Lake Street Advisors Group LLC raised its holdings in iShares U.S. Treasury Bond ETF by 2.4% during the 3rd quarter. Lake Street Advisors Group LLC now owns 20,402 shares of the company’s stock worth $478,000 after buying an additional 481 shares during the period. Empirical Asset Management LLC lifted its stake in iShares U.S. Treasury Bond ETF by 0.6% during the third quarter. Empirical Asset Management LLC now owns 83,288 shares of the company’s stock valued at $1,953,000 after buying an additional 530 shares in the last quarter. Finally, TrueWealth Advisors LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 4.8% in the second quarter. TrueWealth Advisors LLC now owns 11,611 shares of the company’s stock worth $262,000 after buying an additional 534 shares during the period.

iShares U.S. Treasury Bond ETF Trading Up 0.1 %

GOVT stock opened at $22.64 on Tuesday. The company’s 50-day moving average price is $23.09 and its 200 day moving average price is $22.90.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently announced 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 of this dividend 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.