Investors Buy Shares of Ishares U.S. Treasury Bond Etf (GOVT) on Weakness

Investors bought shares of Ishares U.S. Treasury Bond Etf (BMV:GOVT) on weakness during trading hours on Wednesday. $102.44 million flowed into the stock on the tick-up and $4.69 million flowed out of the stock on the tick-down, for a money net flow of $97.75 million into the stock. Of all equities tracked, Ishares U.S. Treasury Bond Etf had the 19th highest net in-flow for the day. Ishares U.S. Treasury Bond Etf traded down ($0.05) for the day and closed at $24.20

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 5th. Stockholders of record on Tuesday, October 2nd were paid a dividend of $0.0414 per share. The ex-dividend date was Monday, October 1st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.05%.

A number of hedge funds and other institutional investors have recently made changes to their positions in GOVT. Envestnet Asset Management Inc. boosted its position in Ishares U.S. Treasury Bond Etf by 160.1% during the second quarter. Envestnet Asset Management Inc. now owns 29,867,373 shares of the company’s stock worth $735,483,000 after acquiring an additional 18,386,128 shares during the last quarter. Bank of America Corp DE boosted its position in Ishares U.S. Treasury Bond Etf by 9.9% during the second quarter. Bank of America Corp DE now owns 86,696,312 shares of the company’s stock worth $2,134,897,000 after acquiring an additional 7,786,701 shares during the last quarter. 3EDGE Asset Management LP acquired a new stake in Ishares U.S. Treasury Bond Etf during the second quarter worth approximately $46,547,000. Mitsubishi UFJ Asset Management UK Ltd. acquired a new stake in Ishares U.S. Treasury Bond Etf during the third quarter worth approximately $2,218,915,000. Finally, Cornerstone Wealth Management LLC boosted its position in Ishares U.S. Treasury Bond Etf by 2,554.9% during the second quarter. Cornerstone Wealth Management LLC now owns 629,882 shares of the company’s stock worth $25,657,000 after acquiring an additional 606,157 shares during the last quarter.

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