US Bancorp DE Increases Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

US Bancorp DE boosted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 17.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,470,042 shares of the company’s stock after purchasing an additional 219,460 shares during the period. US Bancorp DE owned approximately 0.13% of iShares U.S. Treasury Bond ETF worth $33,782,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Franklin Resources Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 5.3% in the 3rd quarter. Franklin Resources Inc. now owns 27,228 shares of the company’s stock worth $626,000 after buying an additional 1,380 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 2.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 334,455 shares of the company’s stock valued at $7,686,000 after acquiring an additional 8,101 shares during the last quarter. Harbour Investments Inc. increased its stake in shares of iShares U.S. Treasury Bond ETF by 1.8% in the third quarter. Harbour Investments Inc. now owns 66,781 shares of the company’s stock worth $1,566,000 after acquiring an additional 1,209 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 34.2% during the third quarter. JPMorgan Chase & Co. now owns 11,133,024 shares of the company’s stock worth $261,069,000 after purchasing an additional 2,837,004 shares during the last quarter. Finally, Dodds Wealth LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF by 3.2% during the fourth quarter. Dodds Wealth LLC now owns 1,006,500 shares of the company’s stock worth $22,626,000 after purchasing an additional 31,125 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

BATS:GOVT opened at $23.00 on Friday. The firm has a 50 day simple moving average of $22.54 and a two-hundred day simple moving average of $22.88.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be paid a $0.0613 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

iShares U.S. Treasury Bond ETF Company 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.