Polaris Investment Advisors LLC Takes $1.04 Million Position in iShares U.S. Treasury Bond ETF $GOVT

Polaris Investment Advisors LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 45,313 shares of the company’s stock, valued at approximately $1,038,000.

Other institutional investors have also bought and sold shares of the company. Jane Street Group LLC grew its holdings in iShares U.S. Treasury Bond ETF by 365.6% during the first quarter. Jane Street Group LLC now owns 366,986 shares of the company’s stock valued at $8,435,000 after purchasing an additional 288,160 shares during the period. Qube Research & Technologies Ltd bought a new stake in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at $523,000. Peapack Gladstone Financial Corp purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 2nd quarter valued at $217,000. Raymond James Financial Inc. grew its stake in shares of iShares U.S. Treasury Bond ETF by 48.7% during the 2nd quarter. Raymond James Financial Inc. now owns 2,346,330 shares of the company’s stock worth $53,919,000 after acquiring an additional 768,431 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of iShares U.S. Treasury Bond ETF by 11.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,744,707 shares of the company’s stock worth $132,038,000 after acquiring an additional 577,005 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT opened at $22.83 on Friday. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.47 and a fifty-two week high of $23.39. The business has a 50-day moving average of $22.75 and a 200 day moving average of $22.93.

iShares U.S. Treasury Bond ETF 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.