Phoenix Financial Ltd. Cuts Position in iShares U.S. Treasury Bond ETF $GOVT

Phoenix Financial Ltd. decreased its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 14.8% during the 4th quarter, Holdings Channel reports. The fund owned 424,158 shares of the company’s stock after selling 73,885 shares during the quarter. Phoenix Financial Ltd.’s holdings in iShares U.S. Treasury Bond ETF were worth $9,760,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in GOVT. BTG Pactual Asset Management US LLC acquired a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 477.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock worth $28,000 after purchasing an additional 1,013 shares during the last quarter. Lowe Brockenbrough & Co. Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth $29,000. Hantz Financial Services Inc. acquired a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter worth $32,000. Finally, Raleigh Capital Management Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 1,593.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock valued at $34,000 after buying an additional 1,370 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

iShares U.S. Treasury Bond ETF stock opened at $22.69 on Friday. The stock’s fifty day moving average is $22.89 and its two-hundred day moving average is $23.04. iShares U.S. Treasury Bond ETF has a 1-year low of $22.48 and a 1-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.