First Pacific Financial Purchases 11,063 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

First Pacific Financial grew its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 10.2% in the fourth quarter, Holdings Channel reports. The firm owned 119,916 shares of the company’s stock after buying an additional 11,063 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for about 0.9% of First Pacific Financial’s portfolio, making the stock its 21st biggest position. First Pacific Financial’s holdings in iShares U.S. Treasury Bond ETF were worth $2,763,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GOVT. Strategic Financial Concepts LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 94.1% in the third quarter. Strategic Financial Concepts LLC now owns 206,716 shares of the company’s stock worth $4,556,000 after acquiring an additional 100,233 shares during the period. Modera Wealth Management LLC bought a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at $22,038,000. Citigroup Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 19.8% in the second quarter. Citigroup Inc. now owns 54,114 shares of the company’s stock worth $1,239,000 after acquiring an additional 8,927 shares during the period. Hoese & Co LLP increased its position in iShares U.S. Treasury Bond ETF by 1.3% during the fourth quarter. Hoese & Co LLP now owns 775,524 shares of the company’s stock valued at $17,395,000 after acquiring an additional 9,991 shares during the last quarter. Finally, KMG Fiduciary Partners LLC bought a new position in iShares U.S. Treasury Bond ETF in the fourth quarter valued at about $239,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS GOVT opened at $22.75 on Thursday. The firm’s 50-day simple moving average is $22.69 and its 200 day simple moving average is $22.47.

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.