iShares U.S. Treasury Bond ETF (BATS:GOVT) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lowered its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 84.6% during the second quarter, Holdings Channel reports. The firm owned 4,840 shares of the company’s stock after selling 26,541 shares during the quarter. Fifth Third Bancorp’s holdings in iShares U.S. Treasury Bond ETF were worth $109,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in GOVT. Morningstar Investment Management LLC acquired a new position in iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $144,757,000. Charles Schwab Investment Management Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 64.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 14,350,003 shares of the company’s stock valued at $330,624,000 after acquiring an additional 5,635,763 shares during the period. School Employees Retirement Board of Ohio purchased a new stake in iShares U.S. Treasury Bond ETF in the 2nd quarter valued at $84,018,000. Cetera Investment Advisers boosted its stake in iShares U.S. Treasury Bond ETF by 581.8% during the 1st quarter. Cetera Investment Advisers now owns 3,177,425 shares of the company’s stock worth $72,350,000 after purchasing an additional 2,711,371 shares during the period. Finally, GLOBALT Investments LLC GA acquired a new position in iShares U.S. Treasury Bond ETF in the fourth quarter valued at $60,738,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS:GOVT opened at $23.36 on Monday. The company has a 50 day simple moving average of $22.89 and a 200-day simple moving average of $22.63.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were paid a dividend of $0.0606 per share. The ex-dividend date was Monday, July 1st. 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.