IFS Group LLC Invests $2.21 Million in iShares U.S. Treasury Bond ETF $GOVT

IFS Group LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 96,278 shares of the company’s stock, valued at approximately $2,206,000. iShares U.S. Treasury Bond ETF comprises approximately 2.0% of IFS Group LLC’s investment portfolio, making the stock its 12th biggest position.

Other large investors also recently modified their holdings of the company. Principal Securities Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 37.7% during the 4th quarter. Principal Securities Inc. now owns 775,899 shares of the company’s stock valued at $17,865,000 after acquiring an additional 212,482 shares during the period. Farther Finance Advisors LLC increased its stake in iShares U.S. Treasury Bond ETF by 77.7% in the 4th quarter. Farther Finance Advisors LLC now owns 827,918 shares of the company’s stock worth $19,063,000 after purchasing an additional 361,889 shares during the period. Stratos Wealth Partners LTD. increased its stake in iShares U.S. Treasury Bond ETF by 27.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 157,829 shares of the company’s stock worth $3,634,000 after purchasing an additional 34,062 shares during the period. Bailard Inc. increased its stake in iShares U.S. Treasury Bond ETF by 20.5% in the 4th quarter. Bailard Inc. now owns 1,879,087 shares of the company’s stock worth $43,266,000 after purchasing an additional 319,691 shares during the period. Finally, Atria Investments Inc lifted its position in iShares U.S. Treasury Bond ETF by 6.8% in the fourth quarter. Atria Investments Inc now owns 439,590 shares of the company’s stock valued at $10,122,000 after purchasing an additional 28,069 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

BATS:GOVT opened at $22.58 on Wednesday. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.43 and a fifty-two week high of $23.39. The business has a 50 day moving average price of $22.66 and a 200-day moving average price 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.