Kickstand Ventures LLC. Trims Holdings in iShares U.S. Treasury Bond ETF $GOVT

Kickstand Ventures LLC. reduced its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 66.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,423 shares of the company’s stock after selling 41,029 shares during the quarter. Kickstand Ventures LLC.’s holdings in iShares U.S. Treasury Bond ETF were worth $465,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in GOVT. JPMorgan Chase & Co. boosted its position in iShares U.S. Treasury Bond ETF by 366.1% in the 4th quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock valued at $4,491,644,000 after buying an additional 153,219,429 shares during the period. Bank of America Corp DE increased its position in shares of iShares U.S. Treasury Bond ETF by 20.3% during the first quarter. Bank of America Corp DE now owns 474,769,940 shares of the company’s stock worth $10,876,979,000 after acquiring an additional 80,062,969 shares during the period. Jump Financial LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter worth approximately $1,716,964,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares U.S. Treasury Bond ETF by 2,261.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock valued at $305,017,000 after acquiring an additional 12,683,472 shares in the last quarter. Finally, LPL Financial LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock valued at $2,741,988,000 after acquiring an additional 7,886,409 shares in the last quarter.

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

Shares of BATS GOVT opened at $22.35 on Friday. The stock has a 50 day moving average price of $22.53 and a 200 day moving average price of $22.75. iShares U.S. Treasury Bond ETF has a 52-week low of $22.31 and a 52-week high of $23.39.

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.