Patten Group Inc. Raises Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Patten Group Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 29.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,112 shares of the company’s stock after buying an additional 4,085 shares during the quarter. Patten Group Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $416,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in GOVT. Union Bancaire Privee UBP SA acquired a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter valued at $25,000. PSI Advisors LLC acquired a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter valued at $34,000. Glen Eagle Advisors LLC grew its position in iShares U.S. Treasury Bond ETF by 55.2% during the third quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock valued at $40,000 after buying an additional 600 shares during the period. Raleigh Capital Management Inc. grew its position in iShares U.S. Treasury Bond ETF by 123.0% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,777 shares of the company’s stock valued at $41,000 after buying an additional 980 shares during the period. Finally, Decker Retirement Planning Inc. acquired a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter valued at $43,000.

iShares U.S. Treasury Bond ETF Trading Down 0.2 %

GOVT stock opened at $22.93 on Wednesday. The firm’s 50 day moving average price is $22.55 and its two-hundred day moving average price is $22.87.

iShares U.S. Treasury Bond ETF Cuts Dividend

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

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.