Magnolia Capital Advisors LLC Buys 8,251 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Magnolia Capital Advisors LLC raised its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 58.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 22,376 shares of the company’s stock after acquiring an additional 8,251 shares during the period. Magnolia Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $505,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in GOVT. Envestnet Asset Management Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 14.4% during the second quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock worth $1,295,174,000 after purchasing an additional 7,203,276 shares during the last quarter. LPL Financial LLC grew its holdings in shares of iShares U.S. Treasury Bond ETF by 6.6% during the second quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock worth $2,352,644,000 after purchasing an additional 6,443,351 shares during the last quarter. Morningstar Investment Management LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth $144,757,000. School Employees Retirement Board of Ohio bought a new stake in shares of iShares U.S. Treasury Bond ETF during the second quarter worth $84,018,000. Finally, Cetera Investment Advisers grew its holdings in shares of iShares U.S. Treasury Bond ETF by 581.8% during 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.

iShares U.S. Treasury Bond ETF Trading Down 0.3 %

Shares of GOVT stock opened at $23.45 on Tuesday. The business’s 50 day simple moving average is $23.29 and its two-hundred day simple moving average is $22.78.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.0629 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 Tuesday, September 3rd.

iShares U.S. Treasury Bond ETF Company 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.