iShares U.S. Treasury Bond ETF $GOVT Stock: Novem Group Increases Stake

Novem Group boosted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 48.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 244,056 shares of the company’s stock after acquiring an additional 79,836 shares during the period. Novem Group’s holdings in iShares U.S. Treasury Bond ETF were worth $5,337,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GOVT. Wedmont Private Capital grew its holdings in iShares U.S. Treasury Bond ETF by 6.9% in the 2nd quarter. Wedmont Private Capital now owns 4,672,099 shares of the company’s stock valued at $105,519,000 after buying an additional 301,698 shares during the last quarter. MLG Wealth Management DBA Pine Grove Financial Group raised its holdings in iShares U.S. Treasury Bond ETF by 15.8% in the 2nd quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 658,297 shares of the company’s stock valued at $14,996,000 after acquiring an additional 89,661 shares in the last quarter. KWB Wealth raised its holdings in iShares U.S. Treasury Bond ETF by 1,245.0% in the 2nd quarter. KWB Wealth now owns 242,255 shares of the company’s stock valued at $5,519,000 after acquiring an additional 224,243 shares in the last quarter. Cassilly Financial Group LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 192.2% in the 2nd quarter. Cassilly Financial Group LLC now owns 136,043 shares of the company’s stock worth $3,099,000 after acquiring an additional 89,489 shares during the period. Finally, Fifth Third Bancorp lifted its position in shares of iShares U.S. Treasury Bond ETF by 1,735.2% in the 1st quarter. Fifth Third Bancorp now owns 287,652 shares of the company’s stock worth $6,590,000 after acquiring an additional 271,978 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS:GOVT traded down $0.07 during trading on Monday, hitting $22.01. 8,765,819 shares of the stock were exchanged, compared to its average volume of 10,742,522. iShares U.S. Treasury Bond ETF has a 1-year low of $21.73 and a 1-year high of $23.39. The company’s fifty day simple moving average is $22.19 and its 200-day simple moving average is $22.53.

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.