Dakota Wealth Management Buys New Holdings in iShares U.S. Treasury Bond ETF $GOVT

Dakota Wealth Management purchased a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 54,030 shares of the company’s stock, valued at approximately $1,244,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GOVT. BTG Pactual Asset Management US LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the third quarter valued at approximately $27,000. Lowe Brockenbrough & Co. Inc. acquired a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter worth approximately $29,000. Hantz Financial Services Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth $32,000. CX Institutional bought a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth $38,000. Finally, Root Financial Partners LLC acquired a new stake in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at $40,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $22.77 on Monday. The firm has a fifty day simple moving average of $23.06 and a two-hundred day simple moving average of $23.11. iShares U.S. Treasury Bond ETF has a 12 month low of $22.48 and a 12 month high of $23.39.

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.