FLP Wealth Management LLC Makes New Investment in iShares U.S. Treasury Bond ETF $GOVT

FLP Wealth Management LLC bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 29,603 shares of the company’s stock, valued at approximately $678,000. iShares U.S. Treasury Bond ETF comprises 1.1% of FLP Wealth Management LLC’s investment portfolio, making the stock its 29th biggest position.

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

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT opened at $22.69 on Monday. The stock’s 50 day moving average is $22.72 and its two-hundred day moving average is $22.92. iShares U.S. Treasury Bond ETF has a twelve month low of $22.47 and a twelve month high of $23.39.

iShares U.S. Treasury Bond ETF Company 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.