Pacific Excel Wealth Advisors Inc. Decreases Holdings in iShares U.S. Treasury Bond ETF $GOVT

Pacific Excel Wealth Advisors Inc. reduced its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 60.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 20,282 shares of the company’s stock after selling 31,154 shares during the quarter. Pacific Excel Wealth Advisors Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $462,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of GOVT. BTG Pactual Asset Management US LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. raised its stake in iShares U.S. Treasury Bond ETF by 477.8% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock valued at $28,000 after buying an additional 1,013 shares during the last quarter. Toronto Dominion Bank purchased a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter valued at about $29,000. Raleigh Capital Management Inc. raised its stake in iShares U.S. Treasury Bond ETF by 1,593.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock valued at $34,000 after buying an additional 1,370 shares during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new stake in iShares U.S. Treasury Bond ETF in the fourth quarter worth about $40,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $22.49 on Wednesday. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.40 and a fifty-two week high of $23.39. The stock’s 50-day simple moving average is $22.64 and its 200-day simple moving average is $22.84.

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.