2,551,680 Shares of iShares U.S. Treasury Bond ETF $GOVT Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 3rd quarter, HoldingsChannel reports. The firm acquired 2,551,680 shares of the company’s stock, valued at approximately $55,805,000.

A number of other hedge funds have also made changes to their positions in GOVT. Strive Financial Group LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at approximately $32,000. Tompkins Financial Corp acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter worth approximately $46,000. Root Financial Partners LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the third quarter worth approximately $61,000. Cherry Tree Wealth Management LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 27.0% during the second quarter. Cherry Tree Wealth Management LLC now owns 2,893 shares of the company’s stock worth $66,000 after purchasing an additional 615 shares in the last quarter. Finally, NBT Bank N.A. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the third quarter worth approximately $63,000.

iShares U.S. Treasury Bond ETF Price Performance

BATS GOVT opened at $22.31 on Friday. The business has a fifty day moving average price of $22.11 and a 200 day moving average price of $22.62. iShares U.S. Treasury Bond ETF has a one year low of $21.73 and a one year high of $23.39.

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.