TME Financial Inc. Acquires Shares of 53,913 iShares U.S. Treasury Bond ETF (BATS:GOVT)

TME Financial Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 53,913 shares of the company’s stock, valued at approximately $1,264,000. iShares U.S. Treasury Bond ETF comprises 1.2% of TME Financial Inc.’s investment portfolio, making the stock its 25th biggest holding.

Other institutional investors have also made changes to their positions in the company. Cypress Wealth Services LLC grew its stake in iShares U.S. Treasury Bond ETF by 2.3% in the 4th quarter. Cypress Wealth Services LLC now owns 20,615 shares of the company’s stock valued at $474,000 after buying an additional 456 shares during the last quarter. Tyler Stone Wealth Management grew its position in shares of iShares U.S. Treasury Bond ETF by 4.2% in the fourth quarter. Tyler Stone Wealth Management now owns 12,360 shares of the company’s stock valued at $284,000 after purchasing an additional 493 shares during the last quarter. Magnus Financial Group LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 5.8% during the fourth quarter. Magnus Financial Group LLC now owns 9,278 shares of the company’s stock worth $213,000 after purchasing an additional 505 shares during the period. ONE Advisory Partners LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 2.8% during the 4th quarter. ONE Advisory Partners LLC now owns 21,423 shares of the company’s stock worth $492,000 after purchasing an additional 591 shares during the last quarter. Finally, Empirical Asset Management LLC boosted its stake in iShares U.S. Treasury Bond ETF by 0.8% in the 4th quarter. Empirical Asset Management LLC now owns 83,944 shares of the company’s stock valued at $1,929,000 after purchasing an additional 656 shares during the period.

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

Shares of BATS GOVT opened at $22.64 on Friday. The firm has a 50 day moving average price of $22.81 and a two-hundred day moving average price of $22.76.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently declared 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 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.