Prudent Investors Network Inc. Reduces Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Prudent Investors Network Inc. trimmed its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 13.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,503 shares of the company’s stock after selling 2,956 shares during the quarter. Prudent Investors Network Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $457,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GOVT. Westside Investment Management Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 2nd quarter valued at approximately $29,000. St. Johns Investment Management Company LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at approximately $38,000. EverSource Wealth Advisors LLC lifted its stake in shares of iShares U.S. Treasury Bond ETF by 79.9% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,680 shares of the company’s stock valued at $39,000 after buying an additional 746 shares in the last quarter. Family Asset Management LLC lifted its stake in shares of iShares U.S. Treasury Bond ETF by 210.9% during the 2nd quarter. Family Asset Management LLC now owns 1,903 shares of the company’s stock valued at $43,000 after buying an additional 1,291 shares in the last quarter. Finally, Avion Wealth purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 2nd quarter valued at approximately $45,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $22.61 on Thursday. The company’s 50 day simple moving average is $23.20 and its 200 day simple moving average is $22.87.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.0629 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06.

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.