Tennessee Valley Asset Management Partners Lowers Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Tennessee Valley Asset Management Partners reduced its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,342 shares of the company’s stock after selling 1,583 shares during the quarter. Tennessee Valley Asset Management Partners’ holdings in iShares U.S. Treasury Bond ETF were worth $798,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of GOVT. LPL Financial LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF by 6.6% during the 2nd quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock valued at $2,352,644,000 after purchasing an additional 6,443,351 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 14.4% in the second quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock valued at $1,295,174,000 after buying an additional 7,203,276 shares in the last quarter. Allworth Financial LP raised its position in shares of iShares U.S. Treasury Bond ETF by 6.9% in the first quarter. Allworth Financial LP now owns 26,933,904 shares of the company’s stock worth $613,285,000 after acquiring an additional 1,749,973 shares during the period. Assetmark Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 2.5% in the fourth quarter. Assetmark Inc. now owns 16,665,186 shares of the company’s stock worth $383,966,000 after acquiring an additional 408,054 shares during the period. Finally, Fund Evaluation Group LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 3.4% during the 2nd quarter. Fund Evaluation Group LLC now owns 11,116,463 shares of the company’s stock valued at $250,899,000 after acquiring an additional 368,383 shares during the period.

iShares U.S. Treasury Bond ETF Stock Up 0.2 %

BATS GOVT opened at $23.60 on Friday. The business has a fifty day simple moving average of $23.12 and a 200-day simple moving average of $22.71.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.0629 per share. This is a positive change 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.