Cwm LLC Trims Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Cwm LLC cut its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.7% during the 3rd quarter, Holdings Channel reports. The fund owned 1,629,664 shares of the company’s stock after selling 44,653 shares during the period. Cwm LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $38,216,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Westside Investment Management Inc. bought a new stake in iShares U.S. Treasury Bond ETF during the second quarter valued at about $29,000. EverSource Wealth Advisors LLC increased its holdings in iShares U.S. Treasury Bond ETF by 79.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,680 shares of the company’s stock worth $39,000 after acquiring an additional 746 shares in the last quarter. Family Asset Management LLC raised its stake in iShares U.S. Treasury Bond ETF by 210.9% during the 2nd quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock worth $43,000 after acquiring an additional 1,291 shares during the period. Avion Wealth bought a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter worth approximately $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in iShares U.S. Treasury Bond ETF during the second quarter valued at approximately $52,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS GOVT opened at $23.02 on Thursday. The stock has a 50-day moving average price of $23.35 and a two-hundred day moving average price of $22.81.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.0629 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost 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.