Summit Wealth Group LLC Acquires 3,389 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Summit Wealth Group LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 8.7% in the third quarter, Holdings Channel reports. The institutional investor owned 42,309 shares of the company’s stock after acquiring an additional 3,389 shares during the period. Summit Wealth Group LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $992,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its position in 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 buying an additional 7,203,276 shares in the last quarter. LPL Financial LLC raised its stake in iShares U.S. Treasury Bond ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock worth $2,352,644,000 after acquiring an additional 6,443,351 shares during the period. School Employees Retirement Board of Ohio purchased a new position in iShares U.S. Treasury Bond ETF during the second quarter valued at approximately $84,018,000. Cetera Investment Advisers lifted its holdings in iShares U.S. Treasury Bond ETF by 581.8% during the first quarter. Cetera Investment Advisers now owns 3,177,425 shares of the company’s stock valued at $72,350,000 after purchasing an additional 2,711,371 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the second quarter worth approximately $33,768,000.

iShares U.S. Treasury Bond ETF Stock Performance

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

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.0629 dividend. 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.