192,830 iShares U.S. Treasury Bond ETF $GOVT Shares Sold by Phoenix Wealth Advisors

Phoenix Wealth Advisors lowered its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 40.7% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 280,777 shares of the company’s stock after selling 192,830 shares during the period. iShares U.S. Treasury Bond ETF accounts for approximately 1.8% of Phoenix Wealth Advisors’ portfolio, making the stock its 13th biggest holding. Phoenix Wealth Advisors’ holdings in iShares U.S. Treasury Bond ETF were worth $6,141,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 20.3% during the 1st quarter. Bank of America Corp DE now owns 474,769,940 shares of the company’s stock worth $10,876,979,000 after purchasing an additional 80,062,969 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares U.S. Treasury Bond ETF by 8.6% in the second quarter. Envestnet Asset Management Inc. now owns 167,199,210 shares of the company’s stock valued at $3,808,755,000 after purchasing an additional 13,304,992 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter valued at approximately $146,620,000. Cetera Investment Advisers increased its holdings in shares of iShares U.S. Treasury Bond ETF by 144.8% in the first quarter. Cetera Investment Advisers now owns 10,135,363 shares of the company’s stock valued at $232,201,000 after purchasing an additional 5,995,250 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in shares of iShares U.S. Treasury Bond ETF by 211.2% in the first quarter. Bank of New York Mellon Corp now owns 6,702,133 shares of the company’s stock valued at $153,546,000 after purchasing an additional 4,548,373 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

iShares U.S. Treasury Bond ETF stock traded down $0.02 during trading on Friday, reaching $22.31. 12,384,763 shares of the company were exchanged, compared to its average volume of 10,720,471. iShares U.S. Treasury Bond ETF has a 52-week low of $21.73 and a 52-week high of $23.39. The stock’s 50 day simple moving average is $22.11 and its two-hundred day simple moving average is $22.62.

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.