Peak Wealth Management LLC Takes $3.95 Million Position in iShares U.S. Treasury Bond ETF $GOVT

Peak Wealth Management LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 171,660 shares of the company’s stock, valued at approximately $3,952,000. iShares U.S. Treasury Bond ETF comprises 3.3% of Peak Wealth Management LLC’s holdings, making the stock its 12th largest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. CENTRAL TRUST Co raised its position in shares of iShares U.S. Treasury Bond ETF by 1.4% during the fourth quarter. CENTRAL TRUST Co now owns 34,532 shares of the company’s stock valued at $795,000 after buying an additional 474 shares during the last quarter. First Heartland Consultants Inc. increased its position in iShares U.S. Treasury Bond ETF by 1.6% in the third quarter. First Heartland Consultants Inc. now owns 30,769 shares of the company’s stock worth $711,000 after purchasing an additional 476 shares during the last quarter. Pacific Financial Group Inc. increased its position in iShares U.S. Treasury Bond ETF by 1.7% in the third quarter. Pacific Financial Group Inc. now owns 30,389 shares of the company’s stock worth $703,000 after purchasing an additional 512 shares during the last quarter. Signature Resources Capital Management LLC increased its position in iShares U.S. Treasury Bond ETF by 8.3% in the fourth quarter. Signature Resources Capital Management LLC now owns 6,784 shares of the company’s stock worth $156,000 after purchasing an additional 521 shares during the last quarter. Finally, Crewe Advisors LLC increased its position in iShares U.S. Treasury Bond ETF by 42.6% in the fourth quarter. Crewe Advisors LLC now owns 1,773 shares of the company’s stock worth $41,000 after purchasing an additional 530 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $22.82 on Monday. The company’s fifty day moving average is $22.94 and its 200 day moving average is $23.06. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.48 and a fifty-two week high of $23.39.

iShares U.S. Treasury Bond ETF 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.