iShares U.S. Treasury Bond ETF $GOVT Shares Sold by True North Advisors LLC

True North Advisors LLC decreased its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 21.0% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 365,418 shares of the company’s stock after selling 96,926 shares during the period. iShares U.S. Treasury Bond ETF accounts for 1.3% of True North Advisors LLC’s holdings, making the stock its 12th largest position. True North Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $8,448,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Northern Trust Corp grew its position in iShares U.S. Treasury Bond ETF by 4.3% in the first quarter. Northern Trust Corp now owns 3,018,684 shares of the company’s stock worth $69,384,000 after acquiring an additional 123,460 shares during the period. Synovus Financial Corp lifted its stake in shares of iShares U.S. Treasury Bond ETF by 4.4% in the 1st quarter. Synovus Financial Corp now owns 164,064 shares of the company’s stock valued at $3,771,000 after purchasing an additional 6,919 shares during the last quarter. Comerica Bank grew its holdings in shares of iShares U.S. Treasury Bond ETF by 3.1% during the 1st quarter. Comerica Bank now owns 198,947 shares of the company’s stock worth $4,573,000 after purchasing an additional 5,975 shares during the period. Envision Financial Planning LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 3.1% during the 1st quarter. Envision Financial Planning LLC now owns 689,584 shares of the company’s stock worth $15,850,000 after purchasing an additional 20,495 shares during the last quarter. Finally, Redwood Investment Management LLC raised its holdings in iShares U.S. Treasury Bond ETF by 133.2% in the 1st quarter. Redwood Investment Management LLC now owns 20,937 shares of the company’s stock valued at $481,000 after buying an additional 11,958 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT opened at $23.01 on Tuesday. The firm has a 50 day moving average of $23.17 and a 200-day moving average of $23.00.

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.