Bank of New York Mellon Corp Raises Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Bank of New York Mellon Corp increased its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 9.0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,484,339 shares of the company’s stock after acquiring an additional 122,353 shares during the period. Bank of New York Mellon Corp owned approximately 0.13% of iShares U.S. Treasury Bond ETF worth $34,110,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Union Bancaire Privee UBP SA purchased a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $25,000. PSI Advisors LLC acquired a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter valued at $34,000. Glen Eagle Advisors LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 55.2% during the 3rd quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock worth $40,000 after buying an additional 600 shares during the last quarter. Raleigh Capital Management Inc. increased its position in iShares U.S. Treasury Bond ETF by 123.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,777 shares of the company’s stock worth $41,000 after purchasing an additional 980 shares in the last quarter. Finally, Decker Retirement Planning Inc. purchased a new stake in iShares U.S. Treasury Bond ETF during the 4th quarter worth about $43,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT opened at $22.81 on Friday. The company has a 50 day simple moving average of $22.58 and a 200-day simple moving average of $22.87.

iShares U.S. Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.0613 dividend. The ex-dividend date was Monday, March 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.