Shira Ridge Wealth Management Raises Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Shira Ridge Wealth Management boosted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 68.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 155,628 shares of the company’s stock after purchasing an additional 63,020 shares during the period. iShares U.S. Treasury Bond ETF makes up about 1.4% of Shira Ridge Wealth Management’s investment portfolio, making the stock its 21st biggest position. Shira Ridge Wealth Management’s holdings in iShares U.S. Treasury Bond ETF were worth $3,583,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. KWB Wealth raised its position in shares of iShares U.S. Treasury Bond ETF by 54.1% during the 4th quarter. KWB Wealth now owns 18,991 shares of the company’s stock worth $437,000 after purchasing an additional 6,671 shares during the last quarter. Twele Capital Management Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 5.7% in the 4th quarter. Twele Capital Management Inc. now owns 153,186 shares of the company’s stock worth $3,527,000 after buying an additional 8,194 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in iShares U.S. Treasury Bond ETF by 6.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 202,781 shares of the company’s stock worth $4,669,000 after buying an additional 12,037 shares during the last quarter. Asempa Wealth Advisors purchased a new stake in iShares U.S. Treasury Bond ETF during the 4th quarter worth approximately $1,417,000. Finally, Financial Management Network Inc. increased its stake in iShares U.S. Treasury Bond ETF by 13.2% during the 4th quarter. Financial Management Network Inc. now owns 261,521 shares of the company’s stock worth $6,019,000 after buying an additional 30,412 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.79 on Wednesday. The business has a 50 day simple moving average of $23.07 and a two-hundred day simple moving average of $23.12. iShares U.S. Treasury Bond ETF has a 12 month low of $22.48 and a 12 month high of $23.39.

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.