Alterna Wealth Management Inc. Sells 139,901 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Alterna Wealth Management Inc. lowered its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 67.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 66,795 shares of the company’s stock after selling 139,901 shares during the quarter. iShares U.S. Treasury Bond ETF makes up about 1.9% of Alterna Wealth Management Inc.’s investment portfolio, making the stock its 17th largest holding. Alterna Wealth Management Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,539,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of GOVT. Raymond James & Associates lifted its holdings in iShares U.S. Treasury Bond ETF by 11.8% in the 3rd quarter. Raymond James & Associates now owns 595,483 shares of the company’s stock worth $13,124,000 after buying an additional 62,937 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 1.3% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,200,065 shares of the company’s stock valued at $26,449,000 after purchasing an additional 15,004 shares during the period. Foster & Motley Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 5.4% in the 3rd quarter. Foster & Motley Inc. now owns 38,973 shares of the company’s stock valued at $859,000 after purchasing an additional 1,986 shares during the period. Stratos Wealth Partners LTD. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 220.6% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 116,920 shares of the company’s stock valued at $2,577,000 after purchasing an additional 80,455 shares during the period. Finally, Independent Advisor Alliance lifted its stake in shares of iShares U.S. Treasury Bond ETF by 36.8% in the 3rd quarter. Independent Advisor Alliance now owns 12,051 shares of the company’s stock valued at $266,000 after purchasing an additional 3,242 shares during the period.

iShares U.S. Treasury Bond ETF Stock Up 0.4 %

Shares of GOVT traded up $0.10 on Friday, reaching $22.33. The stock had a trading volume of 5,546,423 shares. The company’s 50-day moving average price is $22.48 and its 200-day moving average price is $22.52.

iShares U.S. Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.0583 per share. The ex-dividend date of this dividend 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.