W.H. Cornerstone Investments Inc. Has $304,000 Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

W.H. Cornerstone Investments Inc. reduced its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 56.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,215 shares of the company’s stock after selling 16,854 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $304,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Criterion Capital Advisors LLC bought a new stake in iShares U.S. Treasury Bond ETF in the 4th quarter valued at $32,000. Wetzel Investment Advisors Inc. bought a new stake in shares of iShares U.S. Treasury Bond ETF in the fourth quarter worth about $33,000. Archer Investment Corp lifted its position in shares of iShares U.S. Treasury Bond ETF by 75.5% in 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 in the last quarter. SJS Investment Consulting Inc. purchased a new position in iShares U.S. Treasury Bond ETF during the 4th quarter valued at approximately $49,000. Finally, Salem Investment Counselors Inc. increased its stake in iShares U.S. Treasury Bond ETF by 41.5% in the 4th quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock worth $51,000 after acquiring an additional 649 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT traded up $0.10 during mid-day trading on Friday, hitting $22.33. 5,546,423 shares of the stock were exchanged. The stock has a 50-day simple moving average of $22.48 and a 200-day simple moving average of $22.52.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently disclosed 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. 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.