Financial Network Wealth Management LLC Raises Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Financial Network Wealth Management LLC raised its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 181,932 shares of the company’s stock after acquiring an additional 8,158 shares during the quarter. iShares U.S. Treasury Bond ETF makes up about 2.8% of Financial Network Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Financial Network Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $4,839,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of GOVT. Cooper Financial Group lifted its stake in iShares U.S. Treasury Bond ETF by 2.7% in the second quarter. Cooper Financial Group now owns 1,133,546 shares of the company’s stock worth $30,152,000 after acquiring an additional 30,095 shares during the last quarter. Gradient Investments LLC acquired a new stake in iShares U.S. Treasury Bond ETF during the second quarter worth approximately $43,000. Prosperity Planning Inc. raised its holdings in iShares U.S. Treasury Bond ETF by 3.9% during the second quarter. Prosperity Planning Inc. now owns 14,000 shares of the company’s stock worth $372,000 after purchasing an additional 526 shares in the last quarter. Vivid Financial Management Inc. raised its holdings in iShares U.S. Treasury Bond ETF by 21.9% during the second quarter. Vivid Financial Management Inc. now owns 587,293 shares of the company’s stock worth $15,622,000 after purchasing an additional 105,338 shares in the last quarter. Finally, Teamwork Financial Advisors LLC raised its holdings in iShares U.S. Treasury Bond ETF by 42.5% during the second quarter. Teamwork Financial Advisors LLC now owns 102,723 shares of the company’s stock worth $2,732,000 after purchasing an additional 30,614 shares in the last quarter.

GOVT stock traded down $0.05 during midday trading on Monday, reaching $26.76. 2,527,419 shares of the company were exchanged. The company’s fifty day moving average price is $26.81 and its 200-day moving average price is $26.53.

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Institutional Ownership by Quarter for iShares U.S. Treasury Bond ETF (BATS:GOVT)

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