NewEdge Advisors LLC Raises Stock Position in iShares U.S. Treasury Bond ETF $GOVT

NewEdge Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 347.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,838,987 shares of the company’s stock after purchasing an additional 2,203,995 shares during the period. NewEdge Advisors LLC owned approximately 0.24% of iShares U.S. Treasury Bond ETF worth $65,041,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. BTG Pactual Asset Management US LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 477.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock worth $28,000 after acquiring an additional 1,013 shares during the period. Toronto Dominion Bank purchased a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter valued at $29,000. Birchwood Financial Partners Inc. purchased a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter valued at $40,000. Finally, Signaturefd LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 102.0% in the fourth quarter. Signaturefd LLC now owns 1,830 shares of the company’s stock valued at $42,000 after acquiring an additional 924 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS:GOVT opened at $22.45 on Friday. The stock’s 50-day simple moving average is $22.63 and its two-hundred day simple moving average is $22.83. iShares U.S. Treasury Bond ETF has a 52-week low of $22.40 and a 52-week high of $23.39.

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.