Skyline Advisors Inc. Grows Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Skyline Advisors Inc. raised its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 0.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 338,138 shares of the company’s stock after buying an additional 2,677 shares during the period. iShares U.S. Treasury Bond ETF comprises approximately 3.4% of Skyline Advisors Inc.’s investment portfolio, making the stock its 11th biggest position. Skyline Advisors Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $7,699,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Salem Investment Counselors Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 41.5% during the 4th quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock valued at $51,000 after acquiring an additional 649 shares during the period. Mayflower Financial Advisors LLC increased its stake in iShares U.S. Treasury Bond ETF by 2.5% in the 4th quarter. Mayflower Financial Advisors LLC now owns 29,566 shares of the company’s stock worth $681,000 after buying an additional 721 shares during the period. Pacific Financial Group Inc. lifted its holdings in iShares U.S. Treasury Bond ETF by 2.2% during the 4th quarter. Pacific Financial Group Inc. now owns 36,980 shares of the company’s stock valued at $852,000 after buying an additional 790 shares in the last quarter. IFG Advisory LLC boosted its position in iShares U.S. Treasury Bond ETF by 5.9% in the 4th quarter. IFG Advisory LLC now owns 16,778 shares of the company’s stock valued at $387,000 after buying an additional 930 shares during the period. Finally, Indiana Trust & Investment Management CO grew its stake in iShares U.S. Treasury Bond ETF by 46.6% in the 4th quarter. Indiana Trust & Investment Management CO now owns 3,319 shares of the company’s stock worth $76,000 after acquiring an additional 1,055 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT traded down $0.10 during trading hours on Monday, reaching $22.57. The stock had a trading volume of 8,310,793 shares. The company has a 50-day moving average price of $22.45 and a two-hundred day moving average price of $22.62.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a $0.0606 dividend. The ex-dividend date of this dividend is Monday, July 1st. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.