50,198 Shares in iShares U.S. Treasury Bond ETF (BATS:GOVT) Bought by Bestgate Wealth Advisors LLC

Bestgate Wealth Advisors LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 50,198 shares of the company’s stock, valued at approximately $1,154,000. iShares U.S. Treasury Bond ETF comprises 2.3% of Bestgate Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding.

Several other institutional investors have also bought and sold shares of GOVT. Franklin Resources Inc. boosted its stake 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 purchasing an additional 1,380 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of iShares U.S. Treasury Bond ETF by 9.0% in the 4th quarter. Bank of New York Mellon Corp now owns 1,484,339 shares of the company’s stock valued at $34,110,000 after purchasing an additional 122,353 shares during the period. Allspring Global Investments Holdings LLC raised its position in iShares U.S. Treasury Bond ETF by 2.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 334,455 shares of the company’s stock worth $7,686,000 after acquiring an additional 8,101 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in iShares U.S. Treasury Bond ETF during the fourth quarter worth $759,000. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 8.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock valued at $914,991,000 after buying an additional 3,191,079 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Up 0.1 %

Shares of BATS GOVT opened at $22.87 on Wednesday. The firm has a 50 day simple moving average of $22.62 and a 200-day simple moving average of $22.84.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.0613 per share. The ex-dividend date of this dividend was 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.