Spectrum Planning & Advisory Services Inc. Buys 45,180 Shares of iShares U.S. Treasury Bond ETF $GOVT

Spectrum Planning & Advisory Services Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 18.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 291,361 shares of the company’s stock after acquiring an additional 45,180 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for 2.7% of Spectrum Planning & Advisory Services Inc.’s portfolio, making the stock its 10th largest position. Spectrum Planning & Advisory Services Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $6,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in GOVT. Jacobi Capital Management LLC acquired a new position in iShares U.S. Treasury Bond ETF in the third quarter valued at about $25,000. Topel & Distasi Wealth Management LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF by 0.9% during the third quarter. Topel & Distasi Wealth Management LLC now owns 693,896 shares of the company’s stock worth $15,176,000 after buying an additional 6,188 shares in the last quarter. Silver Grove Financial Group Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 171.1% during the third quarter. Silver Grove Financial Group Inc. now owns 4,069 shares of the company’s stock worth $89,000 after buying an additional 2,568 shares in the last quarter. Moneco Advisors LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF by 281.1% during the third quarter. Moneco Advisors LLC now owns 79,505 shares of the company’s stock worth $1,739,000 after buying an additional 58,643 shares in the last quarter. Finally, Stolz & Associates PS raised its stake in shares of iShares U.S. Treasury Bond ETF by 3.9% in the third quarter. Stolz & Associates PS now owns 520,105 shares of the company’s stock valued at $11,375,000 after acquiring an additional 19,404 shares during the last quarter.

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

BATS:GOVT opened at $22.14 on Thursday. iShares U.S. Treasury Bond ETF has a 1 year low of $21.73 and a 1 year high of $23.39. The firm has a 50 day moving average of $22.10 and a 200-day moving average of $22.61.

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.