Midwest Capital Advisors LLC Makes New $3.71 Million Investment in iShares U.S. Treasury Bond ETF $GOVT

Midwest Capital Advisors LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 161,752 shares of the company’s stock, valued at approximately $3,706,000. iShares U.S. Treasury Bond ETF accounts for approximately 1.7% of Midwest Capital Advisors LLC’s portfolio, making the stock its 18th biggest position.

Several other hedge funds have also modified their holdings of GOVT. Principal Securities Inc. raised its position in iShares U.S. Treasury Bond ETF by 37.7% in the 4th quarter. Principal Securities Inc. now owns 775,899 shares of the company’s stock valued at $17,865,000 after purchasing an additional 212,482 shares in the last quarter. NorthCrest Asset Manangement LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 34.0% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 142,033 shares of the company’s stock worth $3,275,000 after buying an additional 36,059 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 77.7% during the fourth quarter. Farther Finance Advisors LLC now owns 827,918 shares of the company’s stock worth $19,063,000 after buying an additional 361,889 shares in the last quarter. Acorns Advisers LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 5.8% during the third quarter. Acorns Advisers LLC now owns 1,147,436 shares of the company’s stock worth $26,529,000 after buying an additional 62,524 shares during the period. Finally, Stratos Wealth Partners LTD. increased its stake in shares of iShares U.S. Treasury Bond ETF by 27.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 157,829 shares of the company’s stock worth $3,634,000 after buying an additional 34,062 shares during the period.

iShares U.S. Treasury Bond ETF Stock Down 0.6%

Shares of BATS:GOVT opened at $22.65 on Thursday. The firm’s 50 day moving average price is $22.73 and its 200 day moving average price is $22.93. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.47 and a fifty-two week 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.