Axxcess Wealth Management LLC Sells 1,398 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Axxcess Wealth Management LLC cut its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 33,072 shares of the company’s stock after selling 1,398 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $753,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of GOVT. ICA Group Wealth Management LLC bought a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth approximately $28,000. Morton Brown Family Wealth LLC purchased a new stake in iShares U.S. Treasury Bond ETF in the 1st quarter worth approximately $30,000. Criterion Capital Advisors LLC purchased a new stake in iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $32,000. Wetzel Investment Advisors Inc. purchased a new stake in iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $33,000. Finally, Gradient Investments LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 108.9% in the 4th quarter. Gradient Investments LLC now owns 2,342 shares of the company’s stock worth $54,000 after buying an additional 1,221 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT traded up $0.08 on Friday, hitting $22.82. The company’s stock had a trading volume of 3,381,462 shares. The firm’s 50-day simple moving average is $22.60 and its 200-day simple moving average is $22.58.

iShares U.S. Treasury Bond ETF Increases Dividend

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

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.