Umpqua Bank Sells 15,712 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Umpqua Bank reduced its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 35.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,924 shares of the company’s stock after selling 15,712 shares during the quarter. Umpqua Bank’s holdings in iShares U.S. Treasury Bond ETF were worth $678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Westside Investment Management Inc. bought a new position in iShares U.S. Treasury Bond ETF during the second quarter valued at $29,000. St. Johns Investment Management Company LLC purchased a new stake in iShares U.S. Treasury Bond ETF during the third quarter valued at approximately $38,000. EverSource Wealth Advisors LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 79.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,680 shares of the company’s stock valued at $39,000 after purchasing an additional 746 shares during the last quarter. Family Asset Management LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 210.9% in the second quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock valued at $43,000 after acquiring an additional 1,291 shares during the period. Finally, Avion Wealth bought a new stake in iShares U.S. Treasury Bond ETF in the second quarter worth about $45,000.

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

Shares of BATS:GOVT traded up $0.02 on Wednesday, hitting $22.79. 8,247,060 shares of the company’s stock were exchanged. The stock’s 50 day simple moving average is $23.22 and its 200 day simple moving average is $22.87.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.0629 per share. The ex-dividend date of this dividend 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

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.