Focus Financial Network Inc. Sells 126,977 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Focus Financial Network Inc. decreased its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 84.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 23,013 shares of the company’s stock after selling 126,977 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $529,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. LPL Financial LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 3.4% in the 3rd quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock valued at $2,527,054,000 after buying an additional 3,525,851 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in iShares U.S. Treasury Bond ETF by 7.8% during the third quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock worth $858,874,000 after purchasing an additional 2,642,472 shares during the period. Allworth Financial LP boosted its position in iShares U.S. Treasury Bond ETF by 2.6% during the third quarter. Allworth Financial LP now owns 28,799,490 shares of the company’s stock worth $675,348,000 after purchasing an additional 735,803 shares during the period. Assetmark Inc. boosted its position in iShares U.S. Treasury Bond ETF by 3.6% during the third quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock worth $431,936,000 after purchasing an additional 639,816 shares during the period. Finally, Mutual Advisors LLC boosted its position in iShares U.S. Treasury Bond ETF by 18.2% during the fourth quarter. Mutual Advisors LLC now owns 11,332,555 shares of the company’s stock worth $254,473,000 after purchasing an additional 1,741,584 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.56 on Friday. The stock’s 50-day moving average is $22.55 and its 200 day moving average is $22.91.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.0674 per share. The ex-dividend date was Monday, February 3rd. This is a boost from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.