Magnolia Capital Advisors LLC Boosts Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Magnolia Capital Advisors LLC raised its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 46.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,519 shares of the company’s stock after purchasing an additional 4,318 shares during the period. Magnolia Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $309,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Criterion Capital Advisors LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the fourth quarter worth about $32,000. Wetzel Investment Advisors Inc. purchased a new position in iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $33,000. Archer Investment Corp grew its stake in iShares U.S. Treasury Bond ETF by 75.5% during the third quarter. Archer Investment Corp now owns 1,815 shares of the company’s stock valued at $40,000 after acquiring an additional 781 shares in the last quarter. SJS Investment Consulting Inc. purchased a new position in iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $49,000. Finally, Salem Investment Counselors Inc. grew its stake in iShares U.S. Treasury Bond ETF by 41.5% during the fourth quarter. Salem Investment Counselors Inc. now owns 2,213 shares of the company’s stock valued at $51,000 after acquiring an additional 649 shares in the last quarter.

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

BATS:GOVT traded down $0.05 during mid-day trading on Wednesday, hitting $22.18. 6,935,993 shares of the stock traded hands. The firm’s 50-day moving average is $22.54 and its 200-day moving average is $22.51.

iShares U.S. Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.0583 per share. The ex-dividend date was Monday, April 1st. This is a boost from iShares U.S. Treasury Bond ETF’s previous dividend of $0.05.

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.