Olde Wealth Management LLC Purchases New Stake in iShares U.S. Treasury Bond ETF $GOVT

Olde Wealth Management LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 173,012 shares of the company’s stock, valued at approximately $4,000,000. iShares U.S. Treasury Bond ETF accounts for approximately 1.2% of Olde Wealth Management LLC’s portfolio, making the stock its 16th largest position.

Several other large investors have also recently bought and sold shares of GOVT. BTG Pactual Asset Management US LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth $27,000. Lowe Brockenbrough & Co. Inc. purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter valued at about $29,000. Hantz Financial Services Inc. purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter valued at about $32,000. Your Advocates Ltd. LLP lifted its stake in shares of iShares U.S. Treasury Bond ETF by 65.6% in the second quarter. Your Advocates Ltd. LLP now owns 1,446 shares of the company’s stock valued at $33,000 after purchasing an additional 573 shares during the period. Finally, CX Institutional acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter valued at about $38,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT stock opened at $22.92 on Friday. The company’s 50-day moving average price is $23.10 and its 200 day moving average price is $23.12. iShares U.S. Treasury Bond ETF has a 52 week low of $22.48 and a 52 week high of $23.39.

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.