SteelPeak Wealth LLC Grows Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

SteelPeak Wealth LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 148,516 shares of the company’s stock after buying an additional 5,934 shares during the period. SteelPeak Wealth LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $3,483,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GOVT. Envestnet Asset Management Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF by 14.4% in the second quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock worth $1,295,174,000 after acquiring an additional 7,203,276 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 6.6% in the 2nd quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock worth $2,352,644,000 after acquiring an additional 6,443,351 shares during the last quarter. School Employees Retirement Board of Ohio purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 2nd quarter worth about $84,018,000. Cetera Investment Advisers lifted its stake in iShares U.S. Treasury Bond ETF by 581.8% in the first quarter. Cetera Investment Advisers now owns 3,177,425 shares of the company’s stock worth $72,350,000 after purchasing an additional 2,711,371 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in iShares U.S. Treasury Bond ETF in the second quarter worth about $33,768,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT traded up $0.01 during mid-day trading on Wednesday, reaching $22.84. 11,645,399 shares of the company’s stock traded hands. The firm’s 50 day moving average is $23.28 and its 200-day moving average is $22.85.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.0629 per share. This is a boost from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date of this dividend was Tuesday, September 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.