Fortitude Advisory Group L.L.C. Has $3.17 Million Stake in 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 1.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 137,708 shares of the company’s stock after selling 1,750 shares during the period. iShares U.S. Treasury Bond ETF comprises about 1.9% of Fortitude Advisory Group L.L.C.’s holdings, making the stock its 9th largest position. Fortitude Advisory Group L.L.C.’s holdings in iShares U.S. Treasury Bond ETF were worth $3,165,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Union Bancaire Privee UBP SA bought a new stake in iShares U.S. Treasury Bond ETF during the fourth quarter worth $25,000. PSI Advisors LLC purchased a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth $34,000. St. Johns Investment Management Company LLC purchased a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter worth $38,000. Glen Eagle Advisors LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 55.2% in the 3rd quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock worth $40,000 after acquiring an additional 600 shares in the last quarter. Finally, Raleigh Capital Management Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 123.0% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,777 shares of the company’s stock valued at $41,000 after purchasing an additional 980 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

iShares U.S. Treasury Bond ETF stock opened at $22.59 on Tuesday. The stock’s fifty day moving average price is $22.61 and its 200-day moving average price is $22.93.

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.