NBC Securities Inc. Lowers Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

NBC Securities Inc. cut its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 23.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,696 shares of the company’s stock after selling 2,980 shares during the quarter. NBC Securities Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $221,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in GOVT. ICA Group Wealth Management LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $28,000. Criterion Capital Advisors LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $32,000. Wetzel Investment Advisors Inc. purchased a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $33,000. SJS Investment Consulting Inc. purchased a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $49,000. Finally, Salem Investment Counselors Inc. raised its stake in shares of iShares U.S. Treasury Bond ETF by 41.5% during the fourth quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock worth $51,000 after acquiring an additional 649 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $22.70 on Friday. The business’s 50 day simple moving average is $22.40 and its 200 day simple moving average is $22.62.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a $0.0594 dividend. 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 Monday, June 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.