Brookstone Capital Management Increases Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Brookstone Capital Management lifted its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,809,131 shares of the company’s stock after purchasing an additional 128,337 shares during the period. iShares U.S. Treasury Bond ETF comprises 0.8% of Brookstone Capital Management’s portfolio, making the stock its 21st largest holding. Brookstone Capital Management owned approximately 0.15% of iShares U.S. Treasury Bond ETF worth $40,868,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GOVT. Salem Investment Counselors Inc. purchased a new stake in iShares U.S. Treasury Bond ETF during the 4th quarter valued at approximately $29,000. First Personal Financial Services purchased a new stake in iShares U.S. Treasury Bond ETF during the 1st quarter valued at approximately $32,000. Fortis Capital Advisors LLC purchased a new stake in iShares U.S. Treasury Bond ETF during the 4th quarter valued at approximately $34,000. Sound Income Strategies LLC lifted its stake in iShares U.S. Treasury Bond ETF by 313.4% in the 2nd quarter. Sound Income Strategies LLC now owns 1,546 shares of the company’s stock worth $35,000 after purchasing an additional 1,172 shares in the last quarter. Finally, GeoWealth Management LLC purchased a new stake in iShares U.S. Treasury Bond ETF in the 1st quarter worth $37,000.

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

GOVT stock traded down $0.05 during mid-day trading on Friday, hitting $22.31. The company had a trading volume of 8,242,712 shares. The firm’s 50-day moving average price is $22.57 and its 200-day moving average price is $22.94.

iShares U.S. Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, July 10th. Shareholders of record on Wednesday, July 5th were issued a dividend of $0.0506 per share. The ex-dividend date of this dividend was Monday, July 3rd.

iShares U.S. Treasury Bond ETF Company 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.