Moors & Cabot Inc. Sells 3,031 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Moors & Cabot Inc. decreased its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 10.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,696 shares of the company’s stock after selling 3,031 shares during the period. Moors & Cabot Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $590,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AGF Management Ltd. bought a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter worth $649,000. Sollinda Capital Management LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 7.3% in the fourth quarter. Sollinda Capital Management LLC now owns 128,187 shares of the company’s stock valued at $2,946,000 after acquiring an additional 8,728 shares during the period. Independent Advisor Alliance raised its stake in shares of iShares U.S. Treasury Bond ETF by 3,459.5% in the fourth quarter. Independent Advisor Alliance now owns 403,687 shares of the company’s stock valued at $9,277,000 after acquiring an additional 392,346 shares during the period. Paragon Private Wealth Management LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 12.7% in the 4th quarter. Paragon Private Wealth Management LLC now owns 58,268 shares of the company’s stock worth $1,339,000 after acquiring an additional 6,558 shares during the last quarter. Finally, Coordinated Financial Services Inc. purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $3,002,000.

iShares U.S. Treasury Bond ETF Stock Performance

iShares U.S. Treasury Bond ETF stock opened at $22.82 on Friday. The stock has a fifty day moving average price of $22.60 and a 200-day moving average price of $22.85.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.0613 per share. The ex-dividend date of this dividend was 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.