Wedmont Private Capital Buys 475,754 Shares of iShares U.S. Treasury Bond ETF $GOVT

Wedmont Private Capital grew its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 10.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,147,853 shares of the company’s stock after buying an additional 475,754 shares during the quarter. iShares U.S. Treasury Bond ETF comprises 2.7% of Wedmont Private Capital’s holdings, making the stock its 9th biggest position. Wedmont Private Capital’s holdings in iShares U.S. Treasury Bond ETF were worth $112,635,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Strive Financial Group LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at approximately $32,000. Silver Grove Financial Group Inc. acquired a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter worth approximately $42,000. Tompkins Financial Corp bought a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter valued at $46,000. FLP Wealth Management LLC bought a new position in iShares U.S. Treasury Bond ETF during the 1st quarter valued at $54,000. Finally, Value Investment Professionals LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 1st quarter valued at $63,000.

iShares U.S. Treasury Bond ETF Stock Down 0.1%

Shares of GOVT traded down $0.01 during midday trading on Friday, reaching $21.86. The stock had a trading volume of 10,847,928 shares, compared to its average volume of 10,690,414. The firm’s 50 day moving average price is $22.26 and its 200-day moving average price is $22.56. iShares U.S. Treasury Bond ETF has a 52 week low of $21.73 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.