Axxcess Wealth Management LLC Raises Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Axxcess Wealth Management LLC raised its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 29.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,470 shares of the company’s stock after acquiring an additional 7,934 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $794,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GOVT. Raymond James & Associates lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 11.8% during the 3rd quarter. Raymond James & Associates now owns 595,483 shares of the company’s stock valued at $13,124,000 after acquiring an additional 62,937 shares in the last quarter. Independent Advisor Alliance boosted its position in shares of iShares U.S. Treasury Bond ETF by 36.8% in the third quarter. Independent Advisor Alliance now owns 12,051 shares of the company’s stock worth $266,000 after buying an additional 3,242 shares during the period. Verdence Capital Advisors LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter valued at about $667,000. Center For Asset Management LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF by 4.1% during the 3rd quarter. Center For Asset Management LLC now owns 267,710 shares of the company’s stock valued at $5,900,000 after buying an additional 10,535 shares during the period. Finally, TIAA Trust National Association acquired a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter worth approximately $870,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT opened at $22.35 on Tuesday. The stock’s 50 day moving average price is $22.47 and its two-hundred day moving average price is $22.53.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.0583 dividend. The ex-dividend date was Monday, April 1st. This is a positive change from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05.

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.