NewEdge Advisors LLC Acquires 853,280 Shares of iShares U.S. Treasury Bond ETF $GOVT

NewEdge Advisors LLC boosted its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 30.1% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,692,267 shares of the company’s stock after acquiring an additional 853,280 shares during the quarter. NewEdge Advisors LLC owned 0.31% of iShares U.S. Treasury Bond ETF worth $84,110,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. BTG Pactual Asset Management US LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at about $27,000. Toronto Dominion Bank bought a new position in shares of iShares U.S. Treasury Bond ETF in the fourth quarter worth approximately $29,000. Strive Financial Group LLC purchased a new stake in iShares U.S. Treasury Bond ETF in the second quarter valued at approximately $32,000. Birchwood Financial Partners Inc. purchased a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter valued at approximately $40,000. Finally, Silver Grove Financial Group Inc. bought a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $42,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT stock opened at $22.34 on Wednesday. iShares U.S. Treasury Bond ETF has a one year low of $22.31 and a one year high of $23.39. The firm has a 50 day simple moving average of $22.50 and a two-hundred day simple moving average of $22.73.

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.