Intelligence Driven Advisers LLC Buys Shares of 69,021 iShares U.S. Treasury Bond ETF (BATS:GOVT)

Intelligence Driven Advisers LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 69,021 shares of the company’s stock, valued at approximately $1,587,000. iShares U.S. Treasury Bond ETF accounts for about 0.3% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 27th largest position.

A number of other institutional investors have also added to or reduced their stakes in the business. FMR LLC increased its position in iShares U.S. Treasury Bond ETF by 8.5% during the 3rd quarter. FMR LLC now owns 85,547,733 shares of the company’s stock valued at $1,885,472,000 after purchasing an additional 6,707,884 shares during the period. Allworth Financial LP boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 2.0% in 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. boosted its holdings in shares of 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 valued at $392,741,000 after buying an additional 4,427,187 shares in the last quarter. Assetmark Inc. boosted its holdings in shares of 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 valued at $358,307,000 after buying an additional 2,096,717 shares in the last quarter. Finally, Peavine Capital LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $220,142,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS:GOVT traded up $0.06 during trading on Thursday, reaching $22.16. The stock had a trading volume of 7,490,519 shares. The stock has a 50 day moving average of $22.49 and a 200-day moving average of $22.51.

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 was Monday, April 1st.

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.