Cwm LLC Reduces Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Cwm LLC cut its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 16.9% during the third quarter, Holdings Channel reports. The firm owned 1,143,204 shares of the company’s stock after selling 233,024 shares during the period. Cwm LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $26,431,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of GOVT. Comerica Bank increased its holdings in iShares U.S. Treasury Bond ETF by 3.1% in the 1st quarter. Comerica Bank now owns 198,947 shares of the company’s stock worth $4,573,000 after buying an additional 5,975 shares during the period. OLD Mission Capital LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 1st quarter valued at $1,063,000. Baird Financial Group Inc. increased its stake in shares of iShares U.S. Treasury Bond ETF by 11.6% in the first quarter. Baird Financial Group Inc. now owns 202,438 shares of the company’s stock worth $4,653,000 after acquiring an additional 20,992 shares during the period. Brasada Capital Management LP raised its holdings in shares of iShares U.S. Treasury Bond ETF by 6.5% during the first quarter. Brasada Capital Management LP now owns 45,216 shares of the company’s stock worth $1,033,000 after purchasing an additional 2,743 shares during the last quarter. Finally, Calton & Associates Inc. purchased a new position in shares of iShares U.S. Treasury Bond ETF during the first quarter worth $2,627,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS:GOVT opened at $23.06 on Friday. The firm has a 50 day simple moving average of $23.16 and a two-hundred day simple moving average of $23.01.

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.