Park Place Capital Corp Cuts Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Park Place Capital Corp cut its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 35.4% during the first quarter, Holdings Channel reports. The firm owned 13,400 shares of the company’s stock after selling 7,351 shares during the quarter. Park Place Capital Corp’s holdings in iShares U.S. Treasury Bond ETF were worth $305,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Silvia Mccoll Wealth Management LLC increased its stake in iShares U.S. Treasury Bond ETF by 4.9% during the first quarter. Silvia Mccoll Wealth Management LLC now owns 37,558 shares of the company’s stock worth $836,000 after purchasing an additional 1,744 shares during the period. Cobblestone Asset Management LLC increased its stake in iShares U.S. Treasury Bond ETF by 3.7% during the first quarter. Cobblestone Asset Management LLC now owns 24,275 shares of the company’s stock worth $553,000 after purchasing an additional 859 shares during the period. Fifth Third Securities Inc. increased its stake in iShares U.S. Treasury Bond ETF by 17.7% during the first quarter. Fifth Third Securities Inc. now owns 159,588 shares of the company’s stock worth $3,634,000 after purchasing an additional 24,028 shares during the period. RHS Financial LLC increased its stake in iShares U.S. Treasury Bond ETF by 1.6% during the first quarter. RHS Financial LLC now owns 38,373 shares of the company’s stock worth $874,000 after purchasing an additional 608 shares during the period. Finally, Skyline Advisors Inc. increased its stake in iShares U.S. Treasury Bond ETF by 0.8% during the first quarter. Skyline Advisors Inc. now owns 338,138 shares of the company’s stock worth $7,699,000 after purchasing an additional 2,677 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS:GOVT opened at $22.39 on Tuesday. The stock’s 50-day simple moving average is $22.45 and its 200-day simple moving average is $22.61.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be paid a dividend of $0.0606 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 is Monday, July 1st.

iShares U.S. Treasury Bond ETF Company 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.