iShares U.S. Treasury Bond ETF $GOVT is Pacific Wealth Management’s 4th Largest Position

Pacific Wealth Management boosted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 630,424 shares of the company’s stock after acquiring an additional 26,339 shares during the quarter. iShares U.S. Treasury Bond ETF comprises about 7.8% of Pacific Wealth Management’s investment portfolio, making the stock its 4th biggest position. Pacific Wealth Management owned 0.05% of iShares U.S. Treasury Bond ETF worth $14,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. BTG Pactual Asset Management US LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in iShares U.S. Treasury Bond ETF by 477.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock valued at $28,000 after buying an additional 1,013 shares during the period. Toronto Dominion Bank purchased a new stake in iShares U.S. Treasury Bond ETF during the 4th quarter valued at $29,000. Raleigh Capital Management Inc. raised its holdings in iShares U.S. Treasury Bond ETF by 1,593.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock valued at $34,000 after buying an additional 1,370 shares during the period. Finally, Birchwood Financial Partners Inc. bought a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter worth $40,000.

iShares U.S. Treasury Bond ETF Stock Up 0.2%

BATS GOVT opened at $22.61 on Thursday. The company has a fifty day moving average of $22.68 and a two-hundred day moving average of $22.89. iShares U.S. Treasury Bond ETF has a 52 week low of $22.47 and a 52 week high of $23.39.

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.