Moors & Cabot Inc. Has $692,000 Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Moors & Cabot Inc. reduced its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 17.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,642 shares of the company’s stock after selling 6,627 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $692,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. ICA Group Wealth Management LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $28,000. Westside Investment Management Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the 2nd quarter worth $29,000. Family Asset Management LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 210.9% during the 2nd quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock worth $43,000 after buying an additional 1,291 shares in the last quarter. Avion Wealth acquired a new position in iShares U.S. Treasury Bond ETF during the 2nd quarter worth $45,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the 2nd quarter worth $52,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS:GOVT opened at $23.52 on Friday. The stock’s 50-day moving average price is $23.18 and its two-hundred day moving average price is $22.73.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.0629 per share. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date 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.