Cobblestone Asset Management LLC Has $6.37 Million Stock Holdings in iShares U.S. Treasury Bond ETF $GOVT

Cobblestone Asset Management LLC boosted its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 546.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 278,031 shares of the company’s stock after acquiring an additional 234,994 shares during the quarter. iShares U.S. Treasury Bond ETF comprises approximately 2.9% of Cobblestone Asset Management LLC’s portfolio, making the stock its 11th largest holding. Cobblestone Asset Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $6,370,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GOVT. BTG Pactual Asset Management US LLC bought a new position in iShares U.S. Treasury Bond ETF in the third quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 477.8% during the fourth 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. Toronto Dominion Bank bought a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $29,000. Raleigh Capital Management Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 1,593.0% during the fourth quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock worth $34,000 after purchasing an additional 1,370 shares during the period. Finally, Birchwood Financial Partners Inc. acquired a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $40,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $22.69 on Friday. iShares U.S. Treasury Bond ETF has a 12-month low of $22.47 and a 12-month high of $23.39. The business’s fifty day moving average is $22.72 and its 200 day moving average is $22.92.

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.