Magnolia Capital Advisors LLC Increases Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Magnolia Capital Advisors LLC grew its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 46.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 13,519 shares of the company’s stock after buying an additional 4,318 shares during the quarter. Magnolia Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $309,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in the business. Element Wealth LLC lifted its stake in iShares U.S. Treasury Bond ETF by 157.1% during the fourth quarter. Element Wealth LLC now owns 79,515 shares of the company’s stock worth $1,832,000 after purchasing an additional 48,591 shares during the last quarter. Parkside Financial Bank & Trust acquired a new position in iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $86,000. National Wealth Management Group LLC increased its position in iShares U.S. Treasury Bond ETF by 18.9% during the fourth quarter. National Wealth Management Group LLC now owns 23,465 shares of the company’s stock worth $541,000 after buying an additional 3,737 shares during the period. MCF Advisors LLC increased its position in iShares U.S. Treasury Bond ETF by 64.8% during the fourth quarter. MCF Advisors LLC now owns 3,921,528 shares of the company’s stock worth $90,352,000 after buying an additional 1,541,360 shares during the period. Finally, Capital Investment Advisory Services LLC increased its position in iShares U.S. Treasury Bond ETF by 4.2% during the fourth quarter. Capital Investment Advisory Services LLC now owns 116,458 shares of the company’s stock worth $2,683,000 after buying an additional 4,731 shares during the period.

iShares U.S. Treasury Bond ETF Stock Down 0.2 %

GOVT traded down $0.05 during trading on Wednesday, hitting $22.18. 6,935,993 shares of the stock were exchanged. The company’s fifty day simple moving average is $22.54 and its two-hundred day simple moving average is $22.51.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.0583 per share. This is a positive change 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.