Charles Schwab Investment Management Inc. Boosts Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Charles Schwab Investment Management Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 64.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,350,003 shares of the company’s stock after purchasing an additional 5,635,763 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.34% of iShares U.S. Treasury Bond ETF worth $330,624,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Criterion Capital Advisors LLC acquired a new position in iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $32,000. Wetzel Investment Advisors Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $33,000. Archer Investment Corp increased its position in iShares U.S. Treasury Bond ETF by 75.5% during the third quarter. Archer Investment Corp now owns 1,815 shares of the company’s stock worth $40,000 after buying an additional 781 shares during the period. SJS Investment Consulting Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $49,000. Finally, Salem Investment Counselors Inc. increased its position 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 buying an additional 649 shares during the period.

iShares U.S. Treasury Bond ETF Trading Up 0.2 %

Shares of BATS:GOVT traded up $0.05 during trading on Wednesday, reaching $22.39. The company had a trading volume of 5,786,380 shares. The firm’s fifty 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 business also recently announced a dividend, which was paid on Friday, April 5th. Stockholders 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.

iShares U.S. Treasury Bond ETF 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.