Tennessee Valley Asset Management Partners Invests $905,000 in iShares U.S. Treasury Bond ETF $GOVT

Tennessee Valley Asset Management Partners purchased a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 39,132 shares of the company’s stock, valued at approximately $905,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Lowe Brockenbrough & Co. Inc. bought a new stake in iShares U.S. Treasury Bond ETF in the third quarter worth approximately $29,000. Hantz Financial Services Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter worth $32,000. Your Advocates Ltd. LLP increased its position in iShares U.S. Treasury Bond ETF by 65.6% during the second quarter. Your Advocates Ltd. LLP now owns 1,446 shares of the company’s stock worth $33,000 after acquiring an additional 573 shares during the period. CX Institutional bought a new position in iShares U.S. Treasury Bond ETF during the third quarter worth $38,000. Finally, Root Financial Partners LLC bought a new stake in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at $40,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.99 on Thursday. The firm has a fifty day moving average price of $23.10 and a two-hundred day moving average price of $23.12. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.48 and a fifty-two 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.