Peak Wealth Management LLC Makes New Investment in iShares U.S. Treasury Bond ETF $GOVT

Peak Wealth Management LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 4th quarter, Holdings Channel.com reports. The fund acquired 171,660 shares of the company’s stock, valued at approximately $3,952,000. iShares U.S. Treasury Bond ETF makes up 3.3% of Peak Wealth Management LLC’s holdings, making the stock its 12th biggest position.

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

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT opened at $22.82 on Monday. The company’s 50-day moving average price is $22.94 and its 200-day moving average price is $23.06. iShares U.S. Treasury Bond ETF has a 12 month low of $22.48 and a 12 month 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.