Quadrant Private Wealth Management LLC Buys New Shares in iShares U.S. Treasury Bond ETF $GOVT

Quadrant Private Wealth Management LLC bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the first quarter, HoldingsChannel reports. The firm bought 129,802 shares of the company’s stock, valued at approximately $2,974,000.

Several other institutional investors and hedge funds have also bought and sold shares of GOVT. Simon Quick Advisors LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 10.4% during the 1st quarter. Simon Quick Advisors LLC now owns 293,872 shares of the company’s stock worth $6,733,000 after purchasing an additional 27,642 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 416.9% in the 1st quarter. Cornerstone Planning Group LLC now owns 166,142 shares of the company’s stock valued at $3,776,000 after buying an additional 134,002 shares during the last quarter. Gryphon Financial Partners LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the first quarter valued at $460,000. Juno Financial Group LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 3.5% in the first quarter. Juno Financial Group LLC now owns 755,358 shares of the company’s stock valued at $17,305,000 after buying an additional 25,743 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 4.7% during the first quarter. Assetmark Inc. now owns 26,176,498 shares of the company’s stock worth $599,704,000 after buying an additional 1,186,252 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $22.63 on Friday. The company’s fifty day simple moving average is $22.68 and its 200 day simple moving average is $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.