6,704,152 Shares of iShares U.S. Treasury Bond ETF $GOVT Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,704,152 shares of the company’s stock, valued at approximately $146,620,000. iShares U.S. Treasury Bond ETF accounts for 0.9% of Park Avenue Securities LLC’s portfolio, making the stock its 20th biggest holding. Park Avenue Securities LLC owned about 0.56% of iShares U.S. Treasury Bond ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Gibbs Wealth Management increased its holdings in shares of iShares U.S. Treasury Bond ETF by 12.8% in the 3rd quarter. Gibbs Wealth Management now owns 966,935 shares of the company’s stock valued at $21,147,000 after purchasing an additional 109,903 shares during the period. Wedmont Private Capital lifted its position in shares of iShares U.S. Treasury Bond ETF by 6.9% in the second quarter. Wedmont Private Capital now owns 4,672,099 shares of the company’s stock worth $105,519,000 after purchasing an additional 301,698 shares in the last quarter. MLG Wealth Management DBA Pine Grove Financial Group lifted its position in shares of iShares U.S. Treasury Bond ETF by 15.8% in the second quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 658,297 shares of the company’s stock worth $14,996,000 after purchasing an additional 89,661 shares in the last quarter. KWB Wealth lifted its position in shares of iShares U.S. Treasury Bond ETF by 1,245.0% in the second quarter. KWB Wealth now owns 242,255 shares of the company’s stock worth $5,519,000 after purchasing an additional 224,243 shares in the last quarter. Finally, Cassilly Financial Group LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 192.2% during the second quarter. Cassilly Financial Group LLC now owns 136,043 shares of the company’s stock worth $3,099,000 after purchasing an additional 89,489 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $22.22 on Tuesday. The firm has a 50 day simple moving average of $22.16 and a 200 day simple moving average of $22.66. iShares U.S. Treasury Bond ETF has a 52 week low of $21.73 and a 52 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.