Envestnet Asset Management Inc. Has $1.64 Billion Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Envestnet Asset Management Inc. increased its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 5.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 71,528,583 shares of the company’s stock after acquiring an additional 3,539,745 shares during the quarter. Envestnet Asset Management Inc. owned about 0.06% of iShares U.S. Treasury Bond ETF worth $1,643,727,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Captrust Financial Advisors boosted its stake in shares of iShares U.S. Treasury Bond ETF by 28.4% in the 3rd quarter. Captrust Financial Advisors now owns 25,587 shares of the company’s stock valued at $600,000 after purchasing an additional 5,664 shares during the last quarter. Edgestream Partners L.P. bought a new stake in iShares U.S. Treasury Bond ETF during the third quarter valued at $238,000. IHT Wealth Management LLC boosted its position in iShares U.S. Treasury Bond ETF by 63.0% during the third quarter. IHT Wealth Management LLC now owns 36,318 shares of the company’s stock valued at $852,000 after acquiring an additional 14,033 shares during the last quarter. Quadrature Capital Ltd grew its holdings in iShares U.S. Treasury Bond ETF by 368.8% during the 3rd quarter. Quadrature Capital Ltd now owns 46,607 shares of the company’s stock worth $1,093,000 after acquiring an additional 36,665 shares during the period. Finally, Stifel Financial Corp raised its position in shares of iShares U.S. Treasury Bond ETF by 0.6% in the 3rd quarter. Stifel Financial Corp now owns 905,118 shares of the company’s stock worth $21,225,000 after acquiring an additional 5,503 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS:GOVT opened at $23.17 on Friday. The company has a 50-day simple moving average of $22.76 and a 200-day simple moving average of $22.79.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders 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.

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.