Cherrydale Wealth Management LLC Boosts Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Cherrydale Wealth Management LLC grew its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 13.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,292 shares of the company’s stock after acquiring an additional 4,216 shares during the quarter. iShares U.S. Treasury Bond ETF comprises 0.3% of Cherrydale Wealth Management LLC’s holdings, making the stock its 28th largest position. Cherrydale Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $834,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. PSI Advisors LLC purchased a new position in iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $34,000. St. Johns Investment Management Company LLC acquired a new position in iShares U.S. Treasury Bond ETF during the third quarter worth $38,000. EverSource Wealth Advisors LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 79.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,680 shares of the company’s stock worth $39,000 after acquiring an additional 746 shares during the last quarter. Glen Eagle Advisors LLC increased 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 during the last quarter. Finally, Decker Retirement Planning Inc. purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth $43,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT remained flat at $22.46 during trading hours on Friday. The company had a trading volume of 4,592,040 shares. The company has a 50-day moving average price of $22.63 and a two-hundred day moving average price of $22.93.

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.