Valmark Advisers Inc. Sells 5,788 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Valmark Advisers Inc. lessened its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 6.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 81,209 shares of the company’s stock after selling 5,788 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,871,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of GOVT. MCF Advisors LLC increased its holdings in iShares U.S. Treasury Bond ETF by 8.7% during the 3rd quarter. MCF Advisors LLC now owns 2,380,168 shares of the company’s stock valued at $52,459,000 after purchasing an additional 189,739 shares in the last quarter. Lineweaver Wealth Advisors LLC increased its holdings in iShares U.S. Treasury Bond ETF by 1.0% during the 3rd quarter. Lineweaver Wealth Advisors LLC now owns 493,600 shares of the company’s stock valued at $10,879,000 after purchasing an additional 4,934 shares in the last quarter. Day & Ennis LLC increased its holdings in iShares U.S. Treasury Bond ETF by 1.1% during the 3rd quarter. Day & Ennis LLC now owns 78,061 shares of the company’s stock valued at $1,720,000 after purchasing an additional 876 shares in the last quarter. One Day In July LLC increased its holdings in iShares U.S. Treasury Bond ETF by 6.7% during the 3rd quarter. One Day In July LLC now owns 452,593 shares of the company’s stock valued at $9,975,000 after purchasing an additional 28,606 shares in the last quarter. Finally, Schmidt P J Investment Management Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 24.1% during the 3rd quarter. Schmidt P J Investment Management Inc. now owns 610,950 shares of the company’s stock valued at $13,197,000 after purchasing an additional 118,773 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT traded up $0.04 during midday trading on Friday, hitting $22.16. The stock had a trading volume of 4,752,787 shares. The stock has a fifty day simple moving average of $22.52 and a 200-day simple moving average of $22.50.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.0583 dividend. This is a boost from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05. The ex-dividend date was Monday, April 1st.

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.