Verdence Capital Advisors LLC Has $1.25 Million Holdings in iShares U.S. Treasury Bond ETF $GOVT

Verdence Capital Advisors LLC lessened its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.6% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 54,489 shares of the company’s stock after selling 2,642 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,252,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Atria Wealth Solutions Inc. grew its stake in iShares U.S. Treasury Bond ETF by 28.1% in the second quarter. Atria Wealth Solutions Inc. now owns 258,256 shares of the company’s stock valued at $5,902,000 after acquiring an additional 56,629 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in iShares U.S. Treasury Bond ETF by 19.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,260,256 shares of the company’s stock valued at $28,961,000 after acquiring an additional 202,805 shares during the period. MGO One Seven LLC grew its stake in iShares U.S. Treasury Bond ETF by 38.0% in the second quarter. MGO One Seven LLC now owns 15,027 shares of the company’s stock valued at $345,000 after acquiring an additional 4,139 shares during the period. ONE Advisory Partners LLC grew its stake in iShares U.S. Treasury Bond ETF by 14.6% in the second quarter. ONE Advisory Partners LLC now owns 24,679 shares of the company’s stock valued at $562,000 after acquiring an additional 3,141 shares during the period. Finally, CWM LLC grew its stake in iShares U.S. Treasury Bond ETF by 12.8% in the second quarter. CWM LLC now owns 1,376,228 shares of the company’s stock valued at $31,626,000 after acquiring an additional 156,309 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $23.22 on Tuesday. The firm has a fifty day moving average of $23.03 and a 200 day moving average of $22.86.

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.