Midwest Capital Advisors LLC Buys New Stake in iShares U.S. Treasury Bond ETF $GOVT

Midwest Capital Advisors LLC purchased a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the first quarter, HoldingsChannel.com reports. The fund purchased 161,752 shares of the company’s stock, valued at approximately $3,706,000. iShares U.S. Treasury Bond ETF makes up approximately 1.7% of Midwest Capital Advisors LLC’s holdings, making the stock its 18th largest holding.

Other institutional investors also recently bought and sold shares of the company. BTG Pactual Asset Management US LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 477.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock valued at $28,000 after acquiring an additional 1,013 shares during the last quarter. Toronto Dominion Bank purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $29,000. Raleigh Capital Management Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 1,593.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock worth $34,000 after acquiring an additional 1,370 shares in the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $40,000.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $22.65 on Thursday. The business has a 50 day moving average price of $22.73 and a 200 day moving average price of $22.93. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.47 and a fifty-two week high of $23.39.

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.