Annandale Capital LLC Has $18.87 Million Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Annandale Capital LLC increased its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 9.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 821,235 shares of the company’s stock after acquiring an additional 72,520 shares during the period. iShares U.S. Treasury Bond ETF comprises approximately 3.0% of Annandale Capital LLC’s holdings, making the stock its 4th largest position. Annandale Capital LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $18,872,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Franklin Resources Inc. grew its position in shares of iShares U.S. Treasury Bond ETF by 5.3% during the third quarter. Franklin Resources Inc. now owns 27,228 shares of the company’s stock valued at $626,000 after purchasing an additional 1,380 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in iShares U.S. Treasury Bond ETF by 9.0% during the 4th quarter. Bank of New York Mellon Corp now owns 1,484,339 shares of the company’s stock valued at $34,110,000 after acquiring an additional 122,353 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in shares of iShares U.S. Treasury Bond ETF by 2.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 334,455 shares of the company’s stock worth $7,686,000 after purchasing an additional 8,101 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in iShares U.S. Treasury Bond ETF in the 4th quarter worth about $759,000. Finally, PNC Financial Services Group Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 8.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock worth $914,991,000 after purchasing an additional 3,191,079 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $23.17 on Friday. The company’s 50-day simple moving average is $22.76 and its 200 day simple moving average is $22.79.

iShares U.S. Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a dividend of $0.0613 per share. 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.