Twin Peaks Wealth Advisors LLC Has $1.42 Million Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Twin Peaks Wealth Advisors LLC reduced its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 61,558 shares of the company’s stock after selling 3,132 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Raymond James & Associates grew its position in iShares U.S. Treasury Bond ETF by 40.5% during the third quarter. Raymond James & Associates now owns 577,572 shares of the company’s stock worth $13,544,000 after buying an additional 166,466 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 9.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 326,354 shares of the company’s stock worth $7,653,000 after acquiring an additional 26,853 shares during the period. Arkadios Wealth Advisors grew its holdings in shares of iShares U.S. Treasury Bond ETF by 7.0% during the 3rd quarter. Arkadios Wealth Advisors now owns 19,521 shares of the company’s stock worth $458,000 after purchasing an additional 1,269 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 5.3% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 16,501 shares of the company’s stock worth $387,000 after purchasing an additional 831 shares in the last quarter. Finally, Cantor Fitzgerald Investment Advisors L.P. bought a new stake in shares of iShares U.S. Treasury Bond ETF during the third quarter valued at approximately $330,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT stock opened at $22.74 on Tuesday. The business has a 50 day moving average price of $22.52 and a two-hundred day moving average price of $22.88.

iShares U.S. Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.0674 per share. This is an increase from iShares U.S. Treasury Bond ETF’s previous dividend of $0.06. The ex-dividend date was Monday, February 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.