Woodmont Investment Counsel LLC Makes New Investment in iShares U.S. Treasury Bond ETF $GOVT

Woodmont Investment Counsel LLC acquired a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 150,183 shares of the company’s stock, valued at approximately $3,285,000.

Several other hedge funds have also added to or reduced their stakes in the business. Strive Financial Group LLC bought a new position in iShares U.S. Treasury Bond ETF during the second quarter worth about $32,000. Tompkins Financial Corp acquired a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter valued at approximately $46,000. Root Financial Partners LLC bought a new stake in iShares U.S. Treasury Bond ETF during the 3rd quarter worth approximately $61,000. Value Investment Professionals LLC bought a new stake in iShares U.S. Treasury Bond ETF during the 1st quarter worth approximately $63,000. Finally, NBT Bank N.A. bought a new stake in iShares U.S. Treasury Bond ETF during the 3rd quarter worth approximately $63,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $22.31 on Monday. iShares U.S. Treasury Bond ETF has a 52 week low of $21.73 and a 52 week high of $23.39. The company’s 50 day moving average price is $22.14 and its two-hundred day moving average price is $22.64.

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.