iShares U.S. Treasury Bond ETF (BATS:GOVT) Stock Position Lowered by Truist Financial Corp

Truist Financial Corp cut its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 0.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 55,833,562 shares of the company’s stock after selling 277,430 shares during the period. iShares U.S. Treasury Bond ETF accounts for 2.0% of Truist Financial Corp’s investment portfolio, making the stock its 5th biggest position. Truist Financial Corp owned approximately 5.22% of iShares U.S. Treasury Bond ETF worth $1,286,405,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Peavine Capital LLC bought a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at $220,142,000. Prime Capital Investment Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF by 30,577.4% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 8,307,734 shares of the company’s stock valued at $191,410,000 after buying an additional 8,280,653 shares during the period. Mutual Advisors LLC grew its position in iShares U.S. Treasury Bond ETF by 3,451.1% during the fourth quarter. Mutual Advisors LLC now owns 7,386,162 shares of the company’s stock worth $170,177,000 after buying an additional 7,178,164 shares in the last quarter. FMR LLC increased its stake 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 worth $1,885,472,000 after acquiring an additional 6,707,884 shares during the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF by 25,862.5% in the 3rd quarter. EP Wealth Advisors LLC now owns 4,706,219 shares of the company’s stock valued at $103,725,000 after acquiring an additional 4,688,092 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS:GOVT traded up $0.04 during trading on Friday, reaching $22.16. The company had a trading volume of 4,752,769 shares. The company has a 50 day moving average price of $22.52 and a two-hundred day moving average price of $22.50.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given 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.