KMG Fiduciary Partners LLC Buys 7,470 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

KMG Fiduciary Partners LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 15.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 55,159 shares of the company’s stock after acquiring an additional 7,470 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,268,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. OLD Point Trust & Financial Services N A bought a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $26,000. Union Bancaire Privee UBP SA bought a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $25,000. Dogwood Wealth Management LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $27,000. Ameriflex Group Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $29,000. Finally, Frazier Financial Advisors LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $30,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT opened at $22.58 on Monday. The company has a 50-day simple moving average of $22.78 and a 200-day simple moving average of $22.71.

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.