Snider Financial Group Buys 44,843 Shares of iShares U.S. Treasury Bond ETF $GOVT

Snider Financial Group boosted its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 682,014 shares of the company’s stock after acquiring an additional 44,843 shares during the period. iShares U.S. Treasury Bond ETF accounts for about 4.2% of Snider Financial Group’s holdings, making the stock its 5th biggest position. Snider Financial Group’s holdings in iShares U.S. Treasury Bond ETF were worth $15,703,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. DMC Group LLC increased its position in iShares U.S. Treasury Bond ETF by 2.1% in the 4th quarter. DMC Group LLC now owns 93,894 shares of the company’s stock valued at $2,162,000 after acquiring an additional 1,941 shares during the period. Raleigh Capital Management Inc. increased its position in iShares U.S. Treasury Bond ETF by 1,593.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock valued at $34,000 after acquiring an additional 1,370 shares during the period. Apella Capital LLC increased its position in iShares U.S. Treasury Bond ETF by 6.2% in the 4th quarter. Apella Capital LLC now owns 9,455 shares of the company’s stock valued at $218,000 after acquiring an additional 549 shares during the period. Leading Edge Financial Planning LLC acquired a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at about $298,000. Finally, Portside Wealth Group LLC increased its position in iShares U.S. Treasury Bond ETF by 5.6% in the 4th quarter. Portside Wealth Group LLC now owns 209,146 shares of the company’s stock valued at $4,816,000 after acquiring an additional 11,126 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $22.85 on Wednesday. iShares U.S. Treasury Bond ETF has a 52-week low of $22.48 and a 52-week high of $23.39. The stock’s 50-day moving average price is $23.04 and its 200 day moving average price is $23.09.

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.