Meridian Wealth Management LLC Sells 398,489 Shares of iShares U.S. Treasury Bond ETF $GOVT

Meridian Wealth Management LLC lessened its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 82.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 85,658 shares of the company’s stock after selling 398,489 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,972,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Fourth Dimension Wealth LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 8.6% during the 4th quarter. Fourth Dimension Wealth LLC now owns 12,892 shares of the company’s stock valued at $297,000 after acquiring an additional 1,021 shares during the last quarter. Money Concepts Capital Corp bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter valued at about $1,290,000. Bailard Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF by 20.5% during the 4th quarter. Bailard Inc. now owns 1,879,087 shares of the company’s stock valued at $43,266,000 after acquiring an additional 319,691 shares during the last quarter. Trek Financial LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 1.1% during the 4th quarter. Trek Financial LLC now owns 85,626 shares of the company’s stock valued at $1,972,000 after acquiring an additional 899 shares during the last quarter. Finally, Valeo Financial Advisors LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter valued at about $500,000.

iShares U.S. Treasury Bond ETF Trading Down 0.3%

Shares of GOVT opened at $22.70 on Wednesday. The stock has a 50-day moving average price of $22.91 and a 200-day moving average price of $23.05. iShares U.S. Treasury Bond ETF has a 12-month low of $22.48 and a 12-month 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.