ICA Group Wealth Management LLC Sells 53,853 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Posted by Caroline Horne on Sep 16th, 2024

ICA Group Wealth Management LLC reduced its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report) by 91.7% in the second quarter, Holdings Channel reports. The fund owned 4,894 shares of the company’s stock after selling 53,853 shares during the quarter. ICA Group Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $110,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Westside Investment Management Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at $29,000. Family Asset Management LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 210.9% in the 2nd quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock worth $43,000 after buying an additional 1,291 shares during the period. Avion Wealth purchased a new stake in iShares U.S. Treasury Bond ETF in the second quarter worth about $45,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF during the second quarter valued at approximately $52,000. Finally, Woodmont Investment Counsel LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 1st quarter valued at $55,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT opened at $23.60 on Monday. The company has a fifty day moving average price of $23.12 and a 200 day moving average price of $22.71.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.0629 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

iShares U.S. Treasury Bond ETF Profile

(Free Report)

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.