Oakworth Capital Inc. Cuts Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Oakworth Capital Inc. reduced its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 5.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,829 shares of the company’s stock after selling 1,424 shares during the quarter. Oakworth Capital Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $594,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Financial Advocates Investment Management raised its position in iShares U.S. Treasury Bond ETF by 6.1% in the fourth quarter. Financial Advocates Investment Management now owns 1,009,236 shares of the company’s stock valued at $23,192,000 after purchasing an additional 57,872 shares during the period. Schmidt P J Investment Management Inc. raised its position in iShares U.S. Treasury Bond ETF by 2.4% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 1,055,825 shares of the company’s stock valued at $24,263,000 after purchasing an additional 24,964 shares during the period. Stratos Wealth Advisors LLC raised its position in iShares U.S. Treasury Bond ETF by 4.2% in the fourth quarter. Stratos Wealth Advisors LLC now owns 144,720 shares of the company’s stock valued at $3,326,000 after purchasing an additional 5,846 shares during the period. Bay Harbor Wealth Management LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 3.5% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 40,234 shares of the company’s stock valued at $925,000 after acquiring an additional 1,365 shares in the last quarter. Finally, Alliance Wealth Advisors LLC UT grew its stake in shares of iShares U.S. Treasury Bond ETF by 17.7% during the fourth quarter. Alliance Wealth Advisors LLC UT now owns 60,367 shares of the company’s stock valued at $1,387,000 after acquiring an additional 9,062 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.67 on Thursday. The firm’s fifty day simple moving average is $22.59 and its 200-day simple moving average is $22.92.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.0674 per share. The ex-dividend date is Monday, February 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.