iShares U.S. Treasury Bond ETF (BATS:GOVT) Position Reduced by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC trimmed its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 15.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,195,577 shares of the company’s stock after selling 1,100,863 shares during the period. iShares U.S. Treasury Bond ETF comprises about 2.1% of Prime Capital Investment Advisors LLC’s portfolio, making the stock its 8th largest holding. Prime Capital Investment Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $142,374,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State Farm Mutual Automobile Insurance Co. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $320,000. Orion Portfolio Solutions LLC raised its holdings in iShares U.S. Treasury Bond ETF by 98.3% during the 4th quarter. Orion Portfolio Solutions LLC now owns 316,428 shares of the company’s stock valued at $7,272,000 after buying an additional 156,834 shares during the last quarter. Frazier Financial Advisors LLC purchased a new stake in iShares U.S. Treasury Bond ETF during the 4th quarter valued at $30,000. Blair William & Co. IL grew its holdings in iShares U.S. Treasury Bond ETF by 56.1% in the 4th quarter. Blair William & Co. IL now owns 27,397 shares of the company’s stock worth $630,000 after acquiring an additional 9,848 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of iShares U.S. Treasury Bond ETF by 343.4% in the fourth quarter. JPMorgan Chase & Co. now owns 49,365,745 shares of the company’s stock valued at $1,134,425,000 after acquiring an additional 38,232,721 shares during the period.

iShares U.S. Treasury Bond ETF Stock Up 0.6 %

Shares of BATS:GOVT opened at $22.93 on Friday. The company’s 50 day moving average price is $22.71 and its 200-day moving average price is $22.81.

iShares U.S. Treasury Bond ETF Cuts Dividend

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

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.