Pinnacle Financial Partners Inc Lowers Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Pinnacle Financial Partners Inc trimmed its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 30.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 18,944 shares of the company’s stock after selling 8,141 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares U.S. Treasury Bond ETF were worth $444,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in GOVT. HBK Sorce Advisory LLC lifted its position in iShares U.S. Treasury Bond ETF by 17.5% during the 1st quarter. HBK Sorce Advisory LLC now owns 25,906 shares of the company’s stock worth $590,000 after acquiring an additional 3,858 shares during the period. Hirtle Callaghan & Co LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 5.9% during the first quarter. Hirtle Callaghan & Co LLC now owns 6,216,919 shares of the company’s stock worth $141,559,000 after purchasing an additional 344,566 shares during the period. PAX Financial Group LLC grew its position in iShares U.S. Treasury Bond ETF by 348.0% in the 1st quarter. PAX Financial Group LLC now owns 47,968 shares of the company’s stock valued at $1,092,000 after buying an additional 37,260 shares during the last quarter. Lake Street Advisors Group LLC acquired a new position in iShares U.S. Treasury Bond ETF in the 1st quarter valued at $571,000. Finally, Crewe Advisors LLC purchased a new position in iShares U.S. Treasury Bond ETF during the 1st quarter worth $82,000.

iShares U.S. Treasury Bond ETF Trading Up 0.0 %

Shares of BATS:GOVT opened at $22.61 on Friday. The company has a fifty day moving average price of $23.12 and a 200-day moving average price of $22.88.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a $0.0629 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.