iShares U.S. Treasury Bond ETF $GOVT Shares Newly Bought by Newport Capital Group LLC

Newport Capital Group LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 155,310 shares of the company’s stock, valued at approximately $3,461,000. iShares U.S. Treasury Bond ETF makes up approximately 2.3% of Newport Capital Group LLC’s portfolio, making the stock its 15th largest holding.

Several other large investors also recently bought and sold shares of GOVT. Strive Financial Group LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at approximately $32,000. Tompkins Financial Corp acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter valued at approximately $46,000. FLP Wealth Management LLC purchased a new position in iShares U.S. Treasury Bond ETF during the first quarter worth approximately $54,000. Value Investment Professionals LLC purchased a new position in iShares U.S. Treasury Bond ETF during the first quarter worth approximately $63,000. Finally, Cherry Tree Wealth Management LLC boosted its stake in iShares U.S. Treasury Bond ETF by 27.0% during the second quarter. Cherry Tree Wealth Management LLC now owns 2,893 shares of the company’s stock worth $66,000 after buying an additional 615 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT traded up $0.03 on Friday, reaching $22.08. 9,247,144 shares of the company were exchanged, compared to its average volume of 10,752,455. The business’s fifty day moving average price is $22.19 and its 200 day moving average price is $22.53. iShares U.S. Treasury Bond ETF has a fifty-two week low of $21.73 and a fifty-two 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.