Connecticut Capital Management Group LLC Purchases Shares of 214,319 iShares U.S. Treasury Bond ETF $GOVT

Connecticut Capital Management Group LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 214,319 shares of the company’s stock, valued at approximately $4,935,000. iShares U.S. Treasury Bond ETF comprises 4.7% of Connecticut Capital Management Group LLC’s investment portfolio, making the stock its 4th largest position.

A number of other hedge funds have also added to or reduced their stakes in GOVT. BTG Pactual Asset Management US LLC acquired a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 477.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock valued at $28,000 after purchasing an additional 1,013 shares during the last quarter. Lowe Brockenbrough & Co. Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter valued at about $29,000. Hantz Financial Services Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter valued at about $32,000. Finally, Raleigh Capital Management Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 1,593.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock valued at $34,000 after purchasing an additional 1,370 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.1%

GOVT stock opened at $22.72 on Thursday. iShares U.S. Treasury Bond ETF has a 52-week low of $22.47 and a 52-week high of $23.39. The business has a 50-day simple moving average of $22.82 and a two-hundred day simple moving average of $23.00.

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.