Alpha Cubed Investments LLC Acquires Shares of 190,892 iShares U.S. Treasury Bond ETF (BATS:GOVT)

Alpha Cubed Investments LLC acquired a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 4th quarter, Holdings Channel reports. The firm acquired 190,892 shares of the company’s stock, valued at approximately $4,398,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Criterion Capital Advisors LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at approximately $32,000. Wetzel Investment Advisors Inc. purchased a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter worth $33,000. Archer Investment Corp raised its holdings in iShares U.S. Treasury Bond ETF by 75.5% in the third quarter. Archer Investment Corp now owns 1,815 shares of the company’s stock worth $40,000 after purchasing an additional 781 shares in the last quarter. SJS Investment Consulting Inc. purchased a new position in iShares U.S. Treasury Bond ETF during the fourth quarter valued at $49,000. Finally, Salem Investment Counselors Inc. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 41.5% during the 4th quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock valued at $51,000 after buying an additional 649 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

BATS GOVT traded down $0.07 during trading hours on Tuesday, reaching $22.15. 5,022,945 shares of the company’s stock traded hands. The business’s 50-day simple moving average is $22.50 and its 200-day simple moving average is $22.51.

iShares U.S. Treasury Bond ETF Increases Dividend

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

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.