Paladin Advisory Group LLC Reduces Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Paladin Advisory Group LLC cut its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 74.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,423 shares of the company’s stock after selling 45,343 shares during the quarter. Paladin Advisory Group LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $357,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hantz Financial Services Inc. purchased a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter valued at approximately $32,000. Your Advocates Ltd. LLP boosted its holdings in iShares U.S. Treasury Bond ETF by 65.6% in the second quarter. Your Advocates Ltd. LLP now owns 1,446 shares of the company’s stock valued at $33,000 after acquiring an additional 573 shares in the last quarter. CX Institutional purchased a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter valued at $38,000. Blume Capital Management Inc. bought a new position in iShares U.S. Treasury Bond ETF in the 2nd quarter worth $40,000. Finally, Bessemer Group Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter worth about $40,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $23.04 on Friday. The company’s fifty day moving average is $23.05 and its 200-day moving average is $23.06.

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.