Oakworth Capital Inc. Lowers Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Oakworth Capital Inc. trimmed its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 96.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,153 shares of the company’s stock after selling 630,840 shares during the period. Oakworth Capital Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $464,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. FMR LLC increased its holdings in iShares U.S. Treasury Bond ETF by 8.5% in the 3rd quarter. FMR LLC now owns 85,547,733 shares of the company’s stock valued at $1,885,472,000 after acquiring an additional 6,707,884 shares during the last quarter. Allworth Financial LP grew its holdings in iShares U.S. Treasury Bond ETF by 2.0% during the 4th quarter. Allworth Financial LP now owns 25,183,931 shares of the company’s stock valued at $580,238,000 after buying an additional 486,526 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in iShares U.S. Treasury Bond ETF by 33.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 17,819,469 shares of the company’s stock worth $392,741,000 after acquiring an additional 4,427,187 shares during the last quarter. Assetmark Inc. increased its stake in iShares U.S. Treasury Bond ETF by 14.8% in the 3rd quarter. Assetmark Inc. now owns 16,257,132 shares of the company’s stock worth $358,307,000 after acquiring an additional 2,096,717 shares during the last quarter. Finally, BlackRock Inc. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 10.1% during the 1st quarter. BlackRock Inc. now owns 13,793,025 shares of the company’s stock worth $322,481,000 after acquiring an additional 1,260,804 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock traded down $0.06 on Wednesday, reaching $22.13. The company’s stock had a trading volume of 6,938,520 shares. The stock’s 50-day simple moving average is $22.58 and its two-hundred day simple moving average is $22.49.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a $0.0583 dividend. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, April 1st.

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.