Northwestern Mutual Wealth Management Co. Has $305.02 Million Stock Holdings in iShares U.S. Treasury Bond ETF $GOVT

Northwestern Mutual Wealth Management Co. raised its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2,261.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,244,325 shares of the company’s stock after acquiring an additional 12,683,472 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 1.10% of iShares U.S. Treasury Bond ETF worth $305,017,000 at the end of the most recent quarter.

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

iShares U.S. Treasury Bond ETF Price Performance

iShares U.S. Treasury Bond ETF stock opened at $22.57 on Friday. iShares U.S. Treasury Bond ETF has a 52 week low of $22.48 and a 52 week high of $23.39. The stock has a fifty day moving average of $22.88 and a 200-day moving average of $23.03.

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.