Schmidt P J Investment Management Inc. Sells 22,593 Shares of iShares U.S. Treasury Bond ETF $GOVT

Schmidt P J Investment Management Inc. cut its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 821,700 shares of the company’s stock after selling 22,593 shares during the period. iShares U.S. Treasury Bond ETF makes up 3.1% of Schmidt P J Investment Management Inc.’s holdings, making the stock its 6th biggest holding. Schmidt P J Investment Management Inc. owned approximately 0.07% of iShares U.S. Treasury Bond ETF worth $18,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently bought and sold shares of GOVT. Your Advocates Ltd. LLP lifted its stake in shares of iShares U.S. Treasury Bond ETF by 65.6% in the 2nd quarter. Your Advocates Ltd. LLP now owns 1,446 shares of the company’s stock valued at $33,000 after purchasing an additional 573 shares in the last quarter. CX Institutional bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth about $38,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 2nd quarter worth $39,000. SOA Wealth Advisors LLC. boosted its position in shares of iShares U.S. Treasury Bond ETF by 424.7% in the second quarter. SOA Wealth Advisors LLC. now owns 1,679 shares of the company’s stock worth $39,000 after buying an additional 1,359 shares during the period. Finally, Blume Capital Management Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 2nd quarter worth about $40,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS:GOVT opened at $23.04 on Tuesday. The stock’s 50-day moving average price is $23.10 and its two-hundred day moving average price is $23.04.

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.