SOL Capital Management CO Purchases Shares of 782,348 iShares U.S. Treasury Bond ETF $GOVT

SOL Capital Management CO purchased a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 782,348 shares of the company’s stock, valued at approximately $17,924,000. iShares U.S. Treasury Bond ETF makes up about 7.7% of SOL Capital Management CO’s portfolio, making the stock its 3rd largest holding. SOL Capital Management CO owned about 0.07% of iShares U.S. Treasury Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the stock. Able Wealth Management LLC acquired a new position in iShares U.S. Treasury Bond ETF during the 1st quarter worth $860,000. Midwest Capital Advisors LLC purchased a new stake in iShares U.S. Treasury Bond ETF during the 1st quarter worth about $3,706,000. Merited Wealth LLC raised its position in iShares U.S. Treasury Bond ETF by 31.9% in the 1st quarter. Merited Wealth LLC now owns 19,326 shares of the company’s stock valued at $443,000 after purchasing an additional 4,670 shares in the last quarter. Key Financial Inc raised its position in iShares U.S. Treasury Bond ETF by 9.6% in the 1st quarter. Key Financial Inc now owns 773,330 shares of the company’s stock valued at $17,717,000 after purchasing an additional 67,889 shares in the last quarter. Finally, Impact Partnership Wealth LLC raised its position in iShares U.S. Treasury Bond ETF by 38.8% in the 1st quarter. Impact Partnership Wealth LLC now owns 14,383 shares of the company’s stock valued at $330,000 after purchasing an additional 4,021 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.2%

Shares of GOVT opened at $22.69 on Friday. The stock has a 50-day simple moving average of $22.73 and a 200-day simple moving average of $22.92. iShares U.S. Treasury Bond ETF has a 1 year low of $22.47 and a 1 year 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.