Horst & Graben Wealth Management LLC Boosts Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Horst & Graben Wealth Management LLC raised its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 891.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 907,504 shares of the company’s stock after acquiring an additional 815,925 shares during the period. iShares U.S. Treasury Bond ETF makes up approximately 2.9% of Horst & Graben Wealth Management LLC’s investment portfolio, making the stock its 10th largest position. Horst & Graben Wealth Management LLC owned about 0.08% of iShares U.S. Treasury Bond ETF worth $20,777,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Securities Inc. grew its stake in shares of iShares U.S. Treasury Bond ETF by 37.7% in the fourth quarter. Principal Securities Inc. now owns 775,899 shares of the company’s stock valued at $17,865,000 after acquiring an additional 212,482 shares in the last quarter. NorthCrest Asset Manangement LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 34.0% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 142,033 shares of the company’s stock worth $3,275,000 after purchasing an additional 36,059 shares in the last quarter. Farther Finance Advisors LLC grew its position 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 purchasing an additional 361,889 shares in the last quarter. Acorns Advisers LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF by 5.8% during the third quarter. Acorns Advisers LLC now owns 1,147,436 shares of the company’s stock worth $26,529,000 after purchasing an additional 62,524 shares during the period. Finally, Stratos Wealth Partners LTD. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 27.5% during the fourth quarter. Stratos Wealth Partners LTD. now owns 157,829 shares of the company’s stock worth $3,634,000 after purchasing an additional 34,062 shares during the period.

iShares U.S. Treasury Bond ETF Trading Down 0.4%

BATS:GOVT opened at $22.60 on Wednesday. The stock has a fifty day moving average price of $22.71 and a 200-day moving average price of $22.91. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.47 and a fifty-two week high of $23.39.

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.