Future Financial Wealth Managment LLC Makes New $80,000 Investment in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Future Financial Wealth Managment LLC bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 1st quarter, HoldingsChannel reports. The fund bought 3,532 shares of the company’s stock, valued at approximately $80,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Congress Wealth Management LLC DE lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 8.1% in the fourth quarter. Congress Wealth Management LLC DE now owns 222,360 shares of the company’s stock worth $5,123,000 after acquiring an additional 16,750 shares during the last quarter. TSA Wealth Managment LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth $3,359,000. Magnus Financial Group LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth $205,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at $97,000. Finally, Modera Wealth Management LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at $22,038,000.

iShares U.S. Treasury Bond ETF Stock Down 0.5 %

iShares U.S. Treasury Bond ETF stock opened at $22.63 on Thursday. The company has a 50 day moving average price of $22.43 and a 200-day moving average price of $22.62.

iShares U.S. Treasury Bond ETF Increases Dividend

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