Kingdom Financial Group LLC. Raises Stake in iShares U.S. Treasury Bond ETF $GOVT

Kingdom Financial Group LLC. increased its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 194.9% during the third quarter, Holdings Channel.com reports. The firm owned 77,798 shares of the company’s stock after acquiring an additional 51,419 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for 1.1% of Kingdom Financial Group LLC.’s investment portfolio, making the stock its 16th largest holding. Kingdom Financial Group LLC.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,799,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 365.6% in the first quarter. Jane Street Group LLC now owns 366,986 shares of the company’s stock worth $8,435,000 after purchasing an additional 288,160 shares during the last quarter. Norden Group LLC grew its holdings in iShares U.S. Treasury Bond ETF by 4.5% in the second quarter. Norden Group LLC now owns 40,245 shares of the company’s stock worth $925,000 after purchasing an additional 1,741 shares during the period. Colton Groome Financial Advisors LLC bought a new position in iShares U.S. Treasury Bond ETF during the 2nd quarter valued at approximately $1,460,000. Meyer Handelman Co. boosted its stake in iShares U.S. Treasury Bond ETF by 11.4% in the 2nd quarter. Meyer Handelman Co. now owns 13,131 shares of the company’s stock worth $302,000 after purchasing an additional 1,340 shares in the last quarter. Finally, Novem Group increased its position in shares of iShares U.S. Treasury Bond ETF by 2.5% during the second quarter. Novem Group now owns 132,908 shares of the company’s stock valued at $3,054,000 after acquiring an additional 3,294 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS:GOVT opened at $23.01 on Friday. The firm’s 50-day simple moving average is $23.09 and its two-hundred day simple moving average is $23.04.

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.