Valmark Advisers Inc. Buys New Position in iShares U.S. Treasury Bond ETF $GOVT

Valmark Advisers Inc. acquired a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the third quarter, Holdings Channel reports. The firm acquired 106,676 shares of the company’s stock, valued at approximately $2,333,000.

Several other institutional investors have also modified their holdings of GOVT. Allworth Financial LP lifted its stake in iShares U.S. Treasury Bond ETF by 26.2% during the third quarter. Allworth Financial LP now owns 26,402,216 shares of the company’s stock valued at $601,442,000 after purchasing an additional 5,480,396 shares during the last quarter. Russell Investments Group Ltd. grew its position in iShares U.S. Treasury Bond ETF by 77.7% in the third quarter. Russell Investments Group Ltd. now owns 203,363 shares of the company’s stock worth $4,448,000 after buying an additional 88,893 shares during the last quarter. CENTRAL TRUST Co bought a new position in shares of iShares U.S. Treasury Bond ETF in the third quarter valued at $842,000. Three Bridge Wealth Advisors LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF by 2.8% in the third quarter. Three Bridge Wealth Advisors LLC now owns 18,536 shares of the company’s stock valued at $405,000 after buying an additional 502 shares in the last quarter. Finally, Endeavor Private Wealth Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 9.7% during the 3rd quarter. Endeavor Private Wealth Inc. now owns 310,507 shares of the company’s stock valued at $6,791,000 after acquiring an additional 27,449 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT traded down $0.04 during trading hours on Friday, hitting $21.98. 22,737,575 shares of the company were exchanged, compared to its average volume of 11,765,893. The firm has a fifty day simple moving average of $22.09 and a 200-day simple moving average of $22.60. iShares U.S. Treasury Bond ETF has a one year low of $21.73 and a one year high of $23.39.

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.