Financial Advocates Investment Management Has $299,000 Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Financial Advocates Investment Management cut its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 98.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,930 shares of the company’s stock after selling 932,716 shares during the period. Financial Advocates Investment Management’s holdings in iShares U.S. Treasury Bond ETF were worth $299,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Assetmark Inc. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 7.9% in the 3rd quarter. Assetmark Inc. now owns 24,250,754 shares of the company’s stock worth $560,677,000 after acquiring an additional 1,773,768 shares in the last quarter. Capital Investment Counsel LLC increased its holdings in iShares U.S. Treasury Bond ETF by 8.9% during the 3rd quarter. Capital Investment Counsel LLC now owns 199,024 shares of the company’s stock valued at $4,601,000 after purchasing an additional 16,281 shares in the last quarter. Atria Investments Inc increased its holdings in iShares U.S. Treasury Bond ETF by 50.7% during the 3rd quarter. Atria Investments Inc now owns 411,521 shares of the company’s stock valued at $9,514,000 after purchasing an additional 138,514 shares in the last quarter. Beacon Bridge Wealth Partners LLC raised its position in iShares U.S. Treasury Bond ETF by 5.1% in the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 124,840 shares of the company’s stock valued at $2,886,000 after purchasing an additional 6,045 shares during the last quarter. Finally, Cibc World Market Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 47.1% in the third quarter. Cibc World Market Inc. now owns 227,343 shares of the company’s stock worth $5,256,000 after purchasing an additional 72,825 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $23.19 on Friday. iShares U.S. Treasury Bond ETF has a 52 week low of $22.48 and a 52 week high of $23.36. The stock’s fifty day moving average is $23.04 and its 200-day moving average is $23.07.

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.