SVB Wealth LLC Invests $285,000 in iShares U.S. Treasury Bond ETF (BATS:GOVT)

SVB Wealth LLC purchased a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,405 shares of the company’s stock, valued at approximately $285,000.

Several other large investors have also recently made changes to their positions in the stock. Cypress Wealth Services LLC raised its position in shares of iShares U.S. Treasury Bond ETF by 2.3% in the 4th quarter. Cypress Wealth Services LLC now owns 20,615 shares of the company’s stock worth $474,000 after acquiring an additional 456 shares in the last quarter. Magnus Financial Group LLC increased its position in iShares U.S. Treasury Bond ETF by 5.8% during the 4th quarter. Magnus Financial Group LLC now owns 9,278 shares of the company’s stock valued at $213,000 after buying an additional 505 shares in the last quarter. ONE Advisory Partners LLC increased its position in iShares U.S. Treasury Bond ETF by 2.8% during the 4th quarter. ONE Advisory Partners LLC now owns 21,423 shares of the company’s stock valued at $492,000 after buying an additional 591 shares in the last quarter. Glen Eagle Advisors LLC increased its position in iShares U.S. Treasury Bond ETF by 55.2% during the 3rd 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 in the last quarter. Finally, Empirical Asset Management LLC increased its position in iShares U.S. Treasury Bond ETF by 0.8% during the 4th quarter. Empirical Asset Management LLC now owns 83,944 shares of the company’s stock valued at $1,929,000 after buying an additional 656 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.4 %

Shares of BATS:GOVT opened at $22.84 on Thursday. The company’s 50-day simple moving average is $22.56 and its 200-day simple moving average is $22.87.

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 given a dividend of $0.0613 per share. 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.