Heirloom Wealth Management Sells 272,049 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Heirloom Wealth Management lowered its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 17.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,319,549 shares of the company’s stock after selling 272,049 shares during the quarter. iShares U.S. Treasury Bond ETF comprises approximately 11.7% of Heirloom Wealth Management’s investment portfolio, making the stock its largest holding. Heirloom Wealth Management owned about 0.12% of iShares U.S. Treasury Bond ETF worth $30,402,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. RVW Wealth LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at approximately $25,000. Salem Investment Counselors Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $29,000. Wetzel Investment Advisors Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $33,000. Fortis Capital Advisors LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $34,000. Finally, GeoWealth Management LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 1st quarter worth about $37,000.

iShares U.S. Treasury Bond ETF Trading Up 0.1 %

Shares of BATS:GOVT traded up $0.03 during midday trading on Friday, reaching $22.21. 10,929,759 shares of the company’s stock were exchanged. The stock has a fifty day moving average price of $22.55 and a 200 day moving average price of $22.49.

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 issued a dividend of $0.0583 per share. This is a boost 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 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.