Concourse Financial Group Securities Inc. Has $1.23 Million Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Concourse Financial Group Securities Inc. decreased its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 54,784 shares of the company’s stock after selling 4,330 shares during the period. Concourse Financial Group Securities Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,232,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Franklin Resources Inc. grew its stake in shares of iShares U.S. Treasury Bond ETF by 5.3% in the third quarter. Franklin Resources Inc. now owns 27,228 shares of the company’s stock valued at $626,000 after buying an additional 1,380 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in iShares U.S. Treasury Bond ETF by 9.0% in the fourth quarter. Bank of New York Mellon Corp now owns 1,484,339 shares of the company’s stock valued at $34,110,000 after acquiring an additional 122,353 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 2.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 334,455 shares of the company’s stock valued at $7,686,000 after acquiring an additional 8,101 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $759,000. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 8.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock valued at $914,991,000 after purchasing an additional 3,191,079 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS:GOVT opened at $22.81 on Friday. The firm has a 50-day moving average price of $22.82 and a 200-day moving average price of $22.74.

iShares U.S. Treasury Bond ETF Cuts Dividend

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

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.