iShares U.S. Treasury Bond ETF (BATS:GOVT) Reaches New 1-Year Low – Time to Sell?

iShares U.S. Treasury Bond ETF (BATS:GOVTGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $22.10 and last traded at $22.14, with a volume of 12012622 shares trading hands. The stock had previously closed at $22.15.

iShares U.S. Treasury Bond ETF Trading Down 0.1%

The firm’s 50-day moving average price is $22.44 and its 200 day moving average price is $22.69.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Cherry Tree Wealth Management LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 27.0% during the second quarter. Cherry Tree Wealth Management LLC now owns 2,893 shares of the company’s stock worth $66,000 after buying an additional 615 shares during the period. Sequoia Financial Advisors LLC increased its position in iShares U.S. Treasury Bond ETF by 4.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 36,481 shares of the company’s stock valued at $831,000 after acquiring an additional 1,490 shares during the period. MCF Advisors LLC increased its position in iShares U.S. Treasury Bond ETF by 9.8% in the 2nd quarter. MCF Advisors LLC now owns 4,572,890 shares of the company’s stock valued at $104,170,000 after acquiring an additional 407,342 shares during the period. Wilshire Advisors LLC bought a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter valued at $1,659,000. Finally, Capital Analysts LLC raised its stake in iShares U.S. Treasury Bond ETF by 55.4% during the 2nd quarter. Capital Analysts LLC now owns 430,843 shares of the company’s stock valued at $9,814,000 after acquiring an additional 153,520 shares in the last quarter.

iShares U.S. Treasury Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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