iShares U.S. Treasury Bond ETF (BATS:GOVT) Position Increased by Assetmark Inc.

Assetmark Inc. boosted its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 16.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 21,409,555 shares of the company’s stock after buying an additional 2,990,094 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for about 1.3% of Assetmark Inc.’s investment portfolio, making the stock its 14th largest position. Assetmark Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $491,992,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Snider Financial Group increased its stake in iShares U.S. Treasury Bond ETF by 27.5% in the 4th quarter. Snider Financial Group now owns 606,781 shares of the company’s stock worth $13,944,000 after purchasing an additional 130,749 shares in the last quarter. Triad Wealth Partners LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 141.7% in the fourth quarter. Triad Wealth Partners LLC now owns 77,513 shares of the company’s stock worth $1,781,000 after buying an additional 45,437 shares during the period. Wealth Advisory Solutions LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 5.8% in the fourth quarter. Wealth Advisory Solutions LLC now owns 67,551 shares of the company’s stock worth $1,552,000 after acquiring an additional 3,694 shares in the last quarter. Keybank National Association OH acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $412,000. Finally, Patten Group Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 29.1% in the 4th quarter. Patten Group Inc. now owns 18,112 shares of the company’s stock valued at $416,000 after acquiring an additional 4,085 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

iShares U.S. Treasury Bond ETF stock opened at $22.93 on Wednesday. The business has a 50 day moving average price of $22.55 and a 200 day moving average price of $22.87.

iShares U.S. Treasury Bond ETF Cuts Dividend

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

About iShares U.S. Treasury Bond ETF

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.