Schmidt P J Investment Management Inc. Makes New $17.82 Million Investment in iShares U.S. Treasury Bond ETF $GOVT

Schmidt P J Investment Management Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 814,587 shares of the company’s stock, valued at approximately $17,815,000. iShares U.S. Treasury Bond ETF comprises 2.7% of Schmidt P J Investment Management Inc.’s holdings, making the stock its 9th biggest position. Schmidt P J Investment Management Inc. owned about 0.07% of iShares U.S. Treasury Bond ETF at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Strive Financial Group LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 2nd quarter worth about $32,000. Tompkins Financial Corp bought a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter valued at approximately $46,000. Root Financial Partners LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter valued at approximately $61,000. NBT Bank N.A. bought a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter valued at approximately $63,000. Finally, Cherry Tree Wealth Management LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 27.0% in the 2nd quarter. Cherry Tree Wealth Management LLC now owns 2,893 shares of the company’s stock worth $66,000 after purchasing an additional 615 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT opened at $22.27 on Thursday. The business has a 50 day moving average price of $22.12 and a 200 day moving average price of $22.63. iShares U.S. Treasury Bond ETF has a twelve month low of $21.73 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.