MLG Wealth Management DBA Pine Grove Financial Group boosted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report) by 15.8% in the second quarter, HoldingsChannel reports. The fund owned 658,297 shares of the company’s stock after acquiring an additional 89,661 shares during the period. iShares U.S. Treasury Bond ETF accounts for 1.5% of MLG Wealth Management DBA Pine Grove Financial Group’s portfolio, making the stock its 18th biggest holding. MLG Wealth Management DBA Pine Grove Financial Group’s holdings in iShares U.S. Treasury Bond ETF were worth $14,996,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of GOVT. BTG Pactual Asset Management US LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter valued at approximately $27,000. Toronto Dominion Bank purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $29,000. Strive Financial Group LLC bought a new position in iShares U.S. Treasury Bond ETF during the 2nd quarter valued at approximately $32,000. Birchwood Financial Partners Inc. bought a new position in iShares U.S. Treasury Bond ETF during the 4th quarter valued at approximately $40,000. Finally, Silver Grove Financial Group Inc. purchased a new position in iShares U.S. Treasury Bond ETF during the fourth quarter valued at $42,000.
iShares U.S. Treasury Bond ETF Price Performance
iShares U.S. Treasury Bond ETF stock opened at $22.35 on Tuesday. The business’s fifty day simple moving average is $22.51 and its two-hundred day simple moving average is $22.74. iShares U.S. Treasury Bond ETF has a 12 month low of $22.31 and a 12 month 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.
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Want to see what other hedge funds are holding GOVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report).
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