MMA Asset Management LLC Sells 64,246 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

MMA Asset Management LLC lowered its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 19.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 266,079 shares of the company’s stock after selling 64,246 shares during the period. iShares U.S. Treasury Bond ETF makes up 2.7% of MMA Asset Management LLC’s investment portfolio, making the stock its 8th biggest holding. MMA Asset Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $6,114,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in GOVT. Allworth Financial LP raised its holdings in shares of iShares U.S. Treasury Bond ETF by 15.4% in the 4th quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock worth $747,159,000 after acquiring an additional 4,437,105 shares during the last quarter. Morningstar Investment Management LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF by 49.5% in the 4th quarter. Morningstar Investment Management LLC now owns 13,124,464 shares of the company’s stock worth $301,600,000 after acquiring an additional 4,347,422 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF by 3.4% in the 3rd quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock worth $2,527,054,000 after acquiring an additional 3,525,851 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 34.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,133,024 shares of the company’s stock worth $261,069,000 after acquiring an additional 2,837,004 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 7.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock worth $858,874,000 after acquiring an additional 2,642,472 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.5 %

GOVT opened at $23.00 on Friday. The stock has a fifty day simple moving average of $22.54 and a 200-day simple moving average of $22.88.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be issued a $0.0613 dividend. The ex-dividend date of this dividend is Monday, March 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.