Cobblestone Asset Management LLC Purchases 234,994 Shares of iShares U.S. Treasury Bond ETF $GOVT

Cobblestone Asset Management LLC lifted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 546.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 278,031 shares of the company’s stock after buying an additional 234,994 shares during the quarter. iShares U.S. Treasury Bond ETF comprises about 2.9% of Cobblestone Asset Management LLC’s holdings, making the stock its 11th largest position. Cobblestone Asset Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $6,370,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of GOVT. Principal Securities Inc. grew its stake in iShares U.S. Treasury Bond ETF by 37.7% during the fourth quarter. Principal Securities Inc. now owns 775,899 shares of the company’s stock worth $17,865,000 after purchasing an additional 212,482 shares during the period. 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 buying an additional 36,059 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 77.7% during the 4th 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 boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 5.8% during the 3rd 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 in the last quarter. Finally, Stratos Wealth Partners LTD. grew its position in shares of iShares U.S. Treasury Bond ETF by 27.5% during the 4th 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 Price Performance

Shares of GOVT stock opened at $22.69 on Friday. The firm has a 50 day moving average of $22.72 and a 200-day moving average of $22.92. iShares U.S. Treasury Bond ETF has a 52 week low of $22.47 and a 52 week high of $23.39.

iShares U.S. Treasury Bond ETF 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.