SCS Capital Management LLC Buys 28,861 Shares of iShares U.S. Treasury Bond ETF $GOVT

SCS Capital Management LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 5.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 578,537 shares of the company’s stock after purchasing an additional 28,861 shares during the period. SCS Capital Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $13,321,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. ADE LLC increased its position in iShares U.S. Treasury Bond ETF by 12.2% during the 4th quarter. ADE LLC now owns 62,104 shares of the company’s stock valued at $1,430,000 after buying an additional 6,756 shares in the last quarter. Founders Financial Securities LLC increased its position in iShares U.S. Treasury Bond ETF by 3.4% during the 4th quarter. Founders Financial Securities LLC now owns 89,751 shares of the company’s stock valued at $2,067,000 after buying an additional 2,959 shares in the last quarter. Impact Partnership Wealth LLC bought a new position in iShares U.S. Treasury Bond ETF during the 4th quarter valued at approximately $239,000. Cherry Tree Wealth Management LLC increased its position in iShares U.S. Treasury Bond ETF by 48.8% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 2,984 shares of the company’s stock valued at $69,000 after buying an additional 978 shares in the last quarter. Finally, Yukon Wealth Management Inc. increased its position in iShares U.S. Treasury Bond ETF by 10.1% during the 4th quarter. Yukon Wealth Management Inc. now owns 70,049 shares of the company’s stock valued at $1,607,000 after buying an additional 6,430 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Down 0.0%

GOVT stock opened at $22.77 on Monday. iShares U.S. Treasury Bond ETF has a twelve month low of $22.47 and a twelve month high of $23.39. The business has a 50 day moving average of $22.81 and a 200 day moving average of $23.00.

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.