Fortitude Advisory Group L.L.C. Has $3.17 Million Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Fortitude Advisory Group L.L.C. trimmed its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 137,708 shares of the company’s stock after selling 1,750 shares during the period. iShares U.S. Treasury Bond ETF comprises approximately 1.9% of Fortitude Advisory Group L.L.C.’s investment portfolio, making the stock its 9th largest holding. Fortitude Advisory Group L.L.C.’s holdings in iShares U.S. Treasury Bond ETF were worth $3,165,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC raised its position in iShares U.S. Treasury Bond ETF by 3.4% in the third quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock worth $2,527,054,000 after acquiring an additional 3,525,851 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of iShares U.S. Treasury Bond ETF by 7.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock worth $858,874,000 after purchasing an additional 2,642,472 shares during the last quarter. Allworth Financial LP raised its holdings in shares of iShares U.S. Treasury Bond ETF by 2.6% in the 3rd quarter. Allworth Financial LP now owns 28,799,490 shares of the company’s stock worth $675,348,000 after purchasing an additional 735,803 shares during the period. Assetmark Inc. lifted its stake in iShares U.S. Treasury Bond ETF by 3.6% in the third quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock valued at $431,936,000 after purchasing an additional 639,816 shares during the last quarter. Finally, Mutual Advisors LLC grew its holdings in iShares U.S. Treasury Bond ETF by 18.2% during the fourth quarter. Mutual Advisors LLC now owns 11,332,555 shares of the company’s stock valued at $254,473,000 after purchasing an additional 1,741,584 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT opened at $22.59 on Tuesday. The company’s 50 day moving average price is $22.61 and its two-hundred day moving average price is $22.93.

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.