Pacific Wealth Management Has $14.44 Million Holdings in iShares U.S. Treasury Bond ETF $GOVT

Pacific Wealth Management raised its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 630,424 shares of the company’s stock after buying an additional 26,339 shares during the period. iShares U.S. Treasury Bond ETF comprises approximately 7.8% of Pacific Wealth Management’s investment portfolio, making the stock its 4th biggest position. Pacific Wealth Management’s holdings in iShares U.S. Treasury Bond ETF were worth $14,443,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of GOVT. Theory Financial LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 700.9% during the first quarter. Theory Financial LLC now owns 144,851 shares of the company’s stock worth $3,319,000 after purchasing an additional 126,764 shares during the last quarter. Collaborative Wealth Managment Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 5.6% in the first quarter. Collaborative Wealth Managment Inc. now owns 11,367 shares of the company’s stock worth $260,000 after purchasing an additional 607 shares during the last quarter. Sanctuary Advisors LLC increased its stake in iShares U.S. Treasury Bond ETF by 119.3% in the 1st quarter. Sanctuary Advisors LLC now owns 4,042,192 shares of the company’s stock worth $92,607,000 after buying an additional 2,198,721 shares during the period. Sigma Planning Corp increased its stake in iShares U.S. Treasury Bond ETF by 63.7% in the 1st quarter. Sigma Planning Corp now owns 18,172 shares of the company’s stock worth $416,000 after buying an additional 7,073 shares during the period. Finally, Members Trust Co increased its stake in iShares U.S. Treasury Bond ETF by 29.2% in the 1st quarter. Members Trust Co now owns 21,909 shares of the company’s stock worth $502,000 after buying an additional 4,957 shares during the period.

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

Shares of GOVT opened at $22.61 on Thursday. The company has a 50-day moving average of $22.68 and a 200 day moving average of $22.89. iShares U.S. Treasury Bond ETF has a 1-year low of $22.47 and a 1-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.