iShares U.S. Treasury Bond ETF (BATS:GOVT) Shares Purchased by Baird Financial Group Inc.

Baird Financial Group Inc. raised its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 11.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 181,446 shares of the company’s stock after acquiring an additional 18,470 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $4,170,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in iShares U.S. Treasury Bond ETF by 12.5% in the fourth quarter. Bank of America Corp DE now owns 423,933,669 shares of the company’s stock valued at $9,741,996,000 after buying an additional 47,213,558 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 5.0% in the 4th quarter. LPL Financial LLC now owns 113,104,408 shares of the company’s stock worth $2,599,139,000 after acquiring an additional 5,340,900 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 5.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 71,528,583 shares of the company’s stock valued at $1,643,727,000 after acquiring an additional 3,539,745 shares during the last quarter. Truist Financial Corp raised its position in shares of iShares U.S. Treasury Bond ETF by 2.4% during the 4th quarter. Truist Financial Corp now owns 66,956,719 shares of the company’s stock valued at $1,538,665,000 after acquiring an additional 1,543,834 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in iShares U.S. Treasury Bond ETF by 343.4% during the fourth quarter. JPMorgan Chase & Co. now owns 49,365,745 shares of the company’s stock worth $1,134,425,000 after purchasing an additional 38,232,721 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

GOVT stock opened at $22.74 on Friday. The company’s fifty day simple moving average is $22.87 and its two-hundred day simple moving average is $22.72.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.0613 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.