iShares U.S. Treasury Bond ETF (BATS:GOVT) Hits New 52-Week High – Time to Buy?

iShares U.S. Treasury Bond ETF (BATS:GOVT) reached a new 52-week high during trading on Friday . The stock traded as high as $23.37 and last traded at $23.35, with a volume of 1075671 shares traded. The stock had previously closed at $23.31.

iShares U.S. Treasury Bond ETF Trading Up 0.3%

The stock has a fifty day moving average price of $23.09 and a two-hundred day moving average price of $23.10.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GOVT. BTG Pactual Asset Management US LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. grew its position in iShares U.S. Treasury Bond ETF by 477.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock valued at $28,000 after buying an additional 1,013 shares in the last quarter. Toronto Dominion Bank acquired a new position in iShares U.S. Treasury Bond ETF during the 4th quarter valued at about $29,000. Lowe Brockenbrough & Co. Inc. bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth about $29,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth approximately $32,000.

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.