Concorde Asset Management LLC Invests $300,000 in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Posted by Alanna Baker on Nov 22nd, 2024

Concorde Asset Management LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report) in the 3rd quarter, Holdings Channel reports. The fund acquired 12,799 shares of the company’s stock, valued at approximately $300,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Westside Investment Management Inc. purchased a new position in shares of iShares U.S. Treasury Bond ETF during the second quarter worth about $29,000. St. Johns Investment Management Company LLC purchased a new stake in iShares U.S. Treasury Bond ETF in the third quarter worth approximately $38,000. EverSource Wealth Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF by 79.9% in the second quarter. EverSource Wealth Advisors LLC now owns 1,680 shares of the company’s stock worth $39,000 after buying an additional 746 shares in the last quarter. Family Asset Management LLC boosted its stake in iShares U.S. Treasury Bond ETF by 210.9% in the second quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock worth $43,000 after buying an additional 1,291 shares in the last quarter. Finally, Avion Wealth purchased a new stake in iShares U.S. Treasury Bond ETF in the second quarter worth approximately $45,000.

iShares U.S. Treasury Bond ETF Stock Down 0.0 %

Shares of GOVT opened at $22.64 on Friday. The stock has a 50-day moving average price of $23.03 and a 200 day moving average price of $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 $0.0629 dividend. The ex-dividend date was Tuesday, September 3rd. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

iShares U.S. Treasury Bond ETF Company Profile

(Free Report)

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.