Addison Capital Co Has $13.22 Million Stake in iShares U.S. Treasury Bond ETF $GOVT

Addison Capital Co grew its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 48.1% during the first quarter, Holdings Channel reports. The institutional investor owned 577,011 shares of the company’s stock after acquiring an additional 187,384 shares during the quarter. iShares U.S. Treasury Bond ETF comprises 2.4% of Addison Capital Co’s investment portfolio, making the stock its 8th largest holding. Addison Capital Co’s holdings in iShares U.S. Treasury Bond ETF were worth $13,219,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GOVT. CENTRAL TRUST Co boosted its stake in iShares U.S. Treasury Bond ETF by 1.4% in the fourth quarter. CENTRAL TRUST Co now owns 34,532 shares of the company’s stock valued at $795,000 after acquiring an additional 474 shares in the last quarter. Moneta Group Investment Advisors LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 5.2% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,828 shares of the company’s stock worth $226,000 after purchasing an additional 485 shares in the last quarter. Signature Resources Capital Management LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 8.3% during the 4th quarter. Signature Resources Capital Management LLC now owns 6,784 shares of the company’s stock valued at $156,000 after purchasing an additional 521 shares during the last quarter. Tradition Wealth Management LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 4.3% during the 4th quarter. Tradition Wealth Management LLC now owns 12,656 shares of the company’s stock valued at $291,000 after purchasing an additional 524 shares during the last quarter. Finally, Crewe Advisors LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 42.6% in the 4th quarter. Crewe Advisors LLC now owns 1,773 shares of the company’s stock worth $41,000 after purchasing an additional 530 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $22.60 on Wednesday. iShares U.S. Treasury Bond ETF has a 1-year low of $22.47 and a 1-year high of $23.39. The stock’s fifty day moving average price is $22.71 and its 200 day moving average price is $22.91.

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.