MAI Capital Management Buys 35,745 Shares of iShares U.S. Treasury Bond ETF $GOVT

MAI Capital Management boosted its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 136.9% in the 3rd quarter, Holdings Channel reports. The firm owned 61,854 shares of the company’s stock after acquiring an additional 35,745 shares during the quarter. MAI Capital Management’s holdings in iShares U.S. Treasury Bond ETF were worth $1,430,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in GOVT. Cadinha & Co. LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 1.8% in the third quarter. Cadinha & Co. LLC now owns 25,713 shares of the company’s stock worth $594,000 after buying an additional 450 shares in the last quarter. First Heartland Consultants Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 1.6% during the 3rd quarter. First Heartland Consultants Inc. now owns 30,769 shares of the company’s stock worth $711,000 after acquiring an additional 476 shares during the period. Security Financial Services INC. increased its holdings in iShares U.S. Treasury Bond ETF by 3.9% during the 3rd quarter. Security Financial Services INC. now owns 14,117 shares of the company’s stock worth $326,000 after acquiring an additional 530 shares during the period. Collaborative Wealth Managment Inc. lifted its stake in iShares U.S. Treasury Bond ETF by 4.6% in the 3rd quarter. Collaborative Wealth Managment Inc. now owns 12,604 shares of the company’s stock worth $291,000 after purchasing an additional 557 shares in the last quarter. Finally, Financial Partners Group Inc boosted its holdings in iShares U.S. Treasury Bond ETF by 1.8% in the 3rd quarter. Financial Partners Group Inc now owns 31,139 shares of the company’s stock valued at $720,000 after purchasing an additional 561 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT opened at $23.37 on Friday. iShares U.S. Treasury Bond ETF has a one year low of $22.48 and a one year high of $23.39. The company has a fifty day moving average price of $23.09 and a 200-day moving average price of $23.10.

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.