Independent Financial Group LLC Invests $1.29 Million in iShares U.S. Treasury Bond ETF $GOVT

Independent Financial Group LLC bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 56,281 shares of the company’s stock, valued at approximately $1,289,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 365.6% in the first quarter. Jane Street Group LLC now owns 366,986 shares of the company’s stock valued at $8,435,000 after buying an additional 288,160 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in iShares U.S. Treasury Bond ETF during the 2nd quarter worth approximately $523,000. Peapack Gladstone Financial Corp purchased a new position in iShares U.S. Treasury Bond ETF in the 2nd quarter worth approximately $217,000. Raymond James Financial Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 48.7% in the 2nd quarter. Raymond James Financial Inc. now owns 2,346,330 shares of the company’s stock worth $53,919,000 after acquiring an additional 768,431 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 11.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,744,707 shares of the company’s stock worth $132,038,000 after acquiring an additional 577,005 shares during the period.

iShares U.S. Treasury Bond ETF Stock Down 0.3%

Shares of BATS:GOVT opened at $22.57 on Tuesday. The company has a 50 day moving average of $22.67 and a two-hundred day moving average of $22.88. iShares U.S. Treasury Bond ETF has a 52-week low of $22.47 and a 52-week 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.