Morningstar Investment Management LLC Has $240.18 Million Stock Holdings in iShares U.S. Treasury Bond ETF $GOVT

Morningstar Investment Management LLC lessened its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 10,483,782 shares of the company’s stock after selling 217,710 shares during the quarter. iShares U.S. Treasury Bond ETF makes up about 14.9% of Morningstar Investment Management LLC’s portfolio, making the stock its largest position. Morningstar Investment Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $240,183,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. BTG Pactual Asset Management US LLC bought a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of iShares U.S. Treasury Bond ETF by 477.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock worth $28,000 after purchasing an additional 1,013 shares during the last quarter. Toronto Dominion Bank bought a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $29,000. Raleigh Capital Management Inc. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 1,593.0% in the 4th 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. bought a new stake in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $40,000.

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

iShares U.S. Treasury Bond ETF stock opened at $22.48 on Friday. iShares U.S. Treasury Bond ETF has a 12 month low of $22.43 and a 12 month high of $23.39. The business’s 50 day simple moving average is $22.66 and its 200 day simple moving average is $22.87.

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.