Skyline Advisors Inc. Purchases 2,677 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Skyline Advisors Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 0.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 338,138 shares of the company’s stock after acquiring an additional 2,677 shares during the quarter. iShares U.S. Treasury Bond ETF makes up 3.4% of Skyline Advisors Inc.’s investment portfolio, making the stock its 11th largest position. Skyline Advisors Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $7,699,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in GOVT. ICA Group Wealth Management LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF in the fourth quarter valued at approximately $28,000. Criterion Capital Advisors LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $32,000. Wetzel Investment Advisors Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth $33,000. SJS Investment Consulting Inc. purchased a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter valued at about $49,000. Finally, Salem Investment Counselors Inc. lifted its stake in iShares U.S. Treasury Bond ETF by 41.5% during the fourth quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock worth $51,000 after purchasing an additional 649 shares during the last quarter.

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

Shares of BATS GOVT traded down $0.10 during trading hours on Monday, reaching $22.57. 8,310,793 shares of the stock traded hands. The business’s 50-day moving average is $22.45 and its 200-day moving average is $22.62.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be given a $0.0606 dividend. The ex-dividend date of this dividend is Monday, July 1st. This is a boost 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.