Fortitude Advisory Group L.L.C. Sells 128,079 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Fortitude Advisory Group L.L.C. trimmed its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 93.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,629 shares of the company’s stock after selling 128,079 shares during the period. Fortitude Advisory Group L.L.C.’s holdings in iShares U.S. Treasury Bond ETF were worth $220,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of GOVT. Bank of New York Mellon Corp lifted its stake in shares of iShares U.S. Treasury Bond ETF by 9.0% in the fourth quarter. Bank of New York Mellon Corp now owns 1,484,339 shares of the company’s stock worth $34,110,000 after buying an additional 122,353 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 2.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 334,455 shares of the company’s stock worth $7,686,000 after purchasing an additional 8,101 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth about $759,000. PNC Financial Services Group Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 8.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock valued at $914,991,000 after buying an additional 3,191,079 shares during the last quarter. Finally, Alesco Advisors LLC increased its position in iShares U.S. Treasury Bond ETF by 3.8% in the 4th quarter. Alesco Advisors LLC now owns 3,192,721 shares of the company’s stock worth $73,369,000 after buying an additional 115,924 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT stock opened at $22.65 on Tuesday. The stock’s 50 day simple moving average is $22.73 and its 200 day simple moving average is $22.70.

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.