Sowell Financial Services LLC Cuts Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Posted by Doug Wharley on Mar 9th, 2025

Sowell Financial Services LLC cut its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report) by 34.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 188,589 shares of the company’s stock after selling 98,673 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $4,334,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GOVT. Union Bancaire Privee UBP SA purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $25,000. PSI Advisors LLC bought a new position in iShares U.S. Treasury Bond ETF in the fourth quarter worth approximately $34,000. Glen Eagle Advisors LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 55.2% during the third quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock worth $40,000 after buying an additional 600 shares during the period. Raleigh Capital Management Inc. boosted its position in iShares U.S. Treasury Bond ETF by 123.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,777 shares of the company’s stock valued at $41,000 after acquiring an additional 980 shares in the last quarter. Finally, Decker Retirement Planning Inc. bought a new stake in iShares U.S. Treasury Bond ETF during the 4th quarter valued at $43,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT opened at $22.81 on Friday. The stock has a 50 day moving average of $22.59 and a two-hundred day moving average of $22.86.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.0613 per share. The ex-dividend date of this dividend was Monday, March 3rd.

About iShares U.S. Treasury Bond ETF

(Free Report)

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.