Connecticut Capital Management Group LLC Invests $4.94 Million in iShares U.S. Treasury Bond ETF $GOVT

Connecticut Capital Management Group LLC bought a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the fourth quarter, Holdings Channel.com reports. The firm bought 214,319 shares of the company’s stock, valued at approximately $4,935,000. iShares U.S. Treasury Bond ETF makes up about 4.7% of Connecticut Capital Management Group LLC’s portfolio, making the stock its 4th biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GOVT. NorthCrest Asset Manangement LLC lifted its stake in iShares U.S. Treasury Bond ETF by 34.0% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 142,033 shares of the company’s stock valued at $3,275,000 after purchasing an additional 36,059 shares during the last quarter. Acorns Advisers LLC lifted its stake in iShares U.S. Treasury Bond ETF by 5.8% in the third quarter. Acorns Advisers LLC now owns 1,147,436 shares of the company’s stock valued at $26,529,000 after purchasing an additional 62,524 shares during the last quarter. BlueStem Wealth Partners LLC lifted its stake in iShares U.S. Treasury Bond ETF by 9.6% in the third quarter. BlueStem Wealth Partners LLC now owns 1,206,567 shares of the company’s stock valued at $27,896,000 after purchasing an additional 106,055 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in iShares U.S. Treasury Bond ETF by 77.7% in the fourth quarter. Farther Finance Advisors LLC now owns 827,918 shares of the company’s stock valued at $19,063,000 after purchasing an additional 361,889 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its stake in iShares U.S. Treasury Bond ETF by 27.5% in the fourth quarter. Stratos Wealth Partners LTD. now owns 157,829 shares of the company’s stock valued at $3,634,000 after purchasing an additional 34,062 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.1%

iShares U.S. Treasury Bond ETF stock opened at $22.72 on Thursday. iShares U.S. Treasury Bond ETF has a 12 month low of $22.47 and a 12 month high of $23.39. The business’s 50 day simple moving average is $22.82 and its 200 day simple moving average is $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.