Litman Gregory Wealth Management LLC Grows Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Litman Gregory Wealth Management LLC lifted its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 147.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,041 shares of the company’s stock after buying an additional 32,186 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,267,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bailard Inc. grew its position in iShares U.S. Treasury Bond ETF by 6.4% during the 2nd quarter. Bailard Inc. now owns 1,646,756 shares of the company’s stock valued at $37,167,000 after purchasing an additional 98,877 shares during the last quarter. Regency Capital Management Inc. DE grew its position in iShares U.S. Treasury Bond ETF by 1,729.4% during the 3rd quarter. Regency Capital Management Inc. DE now owns 369,877 shares of the company’s stock valued at $8,674,000 after purchasing an additional 349,659 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in iShares U.S. Treasury Bond ETF by 30.7% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 1,081,455 shares of the company’s stock valued at $24,408,000 after purchasing an additional 254,255 shares during the last quarter. Larson Financial Group LLC grew its position in iShares U.S. Treasury Bond ETF by 732.8% during the 2nd quarter. Larson Financial Group LLC now owns 5,580 shares of the company’s stock valued at $126,000 after purchasing an additional 4,910 shares during the last quarter. Finally, Hsbc Holdings PLC grew its position in iShares U.S. Treasury Bond ETF by 109.3% during the 2nd quarter. Hsbc Holdings PLC now owns 577,617 shares of the company’s stock valued at $13,037,000 after purchasing an additional 301,669 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT traded down $0.01 during midday trading on Wednesday, hitting $22.90. 7,566,555 shares of the company traded hands. The firm has a 50 day moving average of $23.31 and a 200-day moving average of $22.83.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid 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.

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.