Able Wealth Management LLC Purchases Shares of 3,490 iShares U.S. Treasury Bond ETF (BATS:GOVT)

Able Wealth Management LLC acquired a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 3,490 shares of the company’s stock, valued at approximately $80,000.

Several other institutional investors also recently bought and sold shares of GOVT. Blair William & Co. IL raised its stake in shares of iShares U.S. Treasury Bond ETF by 24.0% during the third quarter. Blair William & Co. IL now owns 26,732 shares of the company’s stock valued at $589,000 after acquiring an additional 5,177 shares during the last quarter. Citigroup Inc. lifted its position in iShares U.S. Treasury Bond ETF by 10.1% during the third quarter. Citigroup Inc. now owns 59,604 shares of the company’s stock valued at $1,314,000 after buying an additional 5,490 shares during the period. Kestra Advisory Services LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 10.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 512,515 shares of the company’s stock valued at $11,296,000 after buying an additional 49,223 shares in the last quarter. Prudential PLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth about $2,683,000. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth about $53,727,000.

iShares U.S. Treasury Bond ETF Stock Up 0.2 %

Shares of BATS GOVT opened at $22.75 on Friday. The firm’s fifty day simple moving average is $22.37 and its 200 day simple moving average is $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a $0.0594 dividend. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Monday, June 3rd.

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.