Avondale Wealth Management Reduces Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Avondale Wealth Management lowered its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 9.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 61,764 shares of the company’s stock after selling 6,588 shares during the quarter. iShares U.S. Treasury Bond ETF comprises 0.9% of Avondale Wealth Management’s portfolio, making the stock its 18th largest position. Avondale Wealth Management’s holdings in iShares U.S. Treasury Bond ETF were worth $1,419,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. St. Johns Investment Management Company LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth approximately $38,000. EverSource Wealth Advisors LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 79.9% during the second quarter. EverSource Wealth Advisors LLC now owns 1,680 shares of the company’s stock valued at $39,000 after purchasing an additional 746 shares in the last quarter. Glen Eagle Advisors LLC grew its stake in iShares U.S. Treasury Bond ETF by 55.2% in the third quarter. Glen Eagle Advisors LLC now owns 1,687 shares of the company’s stock worth $40,000 after purchasing an additional 600 shares during the period. GoalVest Advisory LLC bought a new position in iShares U.S. Treasury Bond ETF in the third quarter worth $63,000. Finally, Piscataqua Savings Bank purchased a new position in iShares U.S. Treasury Bond ETF during the third quarter valued at $82,000.

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

Shares of GOVT stock traded up $0.03 during mid-day trading on Friday, reaching $22.38. 6,276,395 shares of the company’s stock traded hands. The firm’s 50 day simple moving average is $22.67 and its 200-day simple moving average is $22.94.

iShares U.S. Treasury Bond ETF 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.