Pinnacle Financial Partners Inc Grows Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Pinnacle Financial Partners Inc increased its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 17.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,344 shares of the company’s stock after buying an additional 3,400 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares U.S. Treasury Bond ETF were worth $513,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in GOVT. Allworth Financial LP boosted its position in shares of iShares U.S. Treasury Bond ETF by 15.4% in the 4th quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock worth $747,159,000 after buying an additional 4,437,105 shares in the last quarter. Morningstar Investment Management LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 49.5% in the 4th quarter. Morningstar Investment Management LLC now owns 13,124,464 shares of the company’s stock valued at $301,600,000 after purchasing an additional 4,347,422 shares in the last quarter. LPL Financial LLC lifted its holdings in 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 purchasing an additional 3,525,851 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares U.S. Treasury Bond ETF by 34.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,133,024 shares of the company’s stock valued at $261,069,000 after purchasing an additional 2,837,004 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in iShares U.S. Treasury Bond ETF by 7.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock valued at $858,874,000 after purchasing an additional 2,642,472 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

BATS:GOVT opened at $22.70 on Monday. The company has a 50-day moving average price of $22.52 and a 200-day moving average price of $22.89.

iShares U.S. Treasury Bond ETF Increases Dividend

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