iShares U.S. Treasury Bond ETF (BATS:GOVT) Stock Position Lifted by Financial Management Network Inc.

Financial Management Network Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.1% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 220,715 shares of the company’s stock after purchasing an additional 14,618 shares during the period. iShares U.S. Treasury Bond ETF comprises approximately 1.0% of Financial Management Network Inc.’s holdings, making the stock its 26th largest position. Financial Management Network Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $5,065,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Golden State Wealth Management LLC lifted its stake in iShares U.S. Treasury Bond ETF by 242.0% in the first quarter. Golden State Wealth Management LLC now owns 11,299 shares of the company’s stock valued at $260,000 after acquiring an additional 7,995 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in iShares U.S. Treasury Bond ETF by 21.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 405,590 shares of the company’s stock valued at $9,322,000 after acquiring an additional 71,135 shares during the last quarter. GAMMA Investing LLC lifted its stake in iShares U.S. Treasury Bond ETF by 43.5% in the first quarter. GAMMA Investing LLC now owns 140,211 shares of the company’s stock valued at $3,223,000 after acquiring an additional 42,507 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in iShares U.S. Treasury Bond ETF by 9.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,633,284 shares of the company’s stock valued at $543,211,000 after acquiring an additional 2,019,524 shares during the last quarter. Finally, Mission Wealth Management LP acquired a new stake in iShares U.S. Treasury Bond ETF in the first quarter valued at approximately $470,000.

iShares U.S. Treasury Bond ETF Stock Up 0.2%

BATS GOVT opened at $22.79 on Monday. The company has a 50-day simple moving average of $22.72 and a 200 day simple moving average of $22.73.

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.