Cresset Asset Management LLC Grows Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Cresset Asset Management LLC boosted its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 27.4% during the third quarter, Holdings Channel.com reports. The fund owned 1,583,273 shares of the company’s stock after acquiring an additional 340,524 shares during the period. Cresset Asset Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $36,605,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GOVT. Blueprint Financial Advisors LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 20.8% in the third quarter. Blueprint Financial Advisors LLC now owns 126,650 shares of the company’s stock valued at $2,928,000 after purchasing an additional 21,810 shares in the last quarter. Focus Partners Advisor Solutions LLC lifted its stake in iShares U.S. Treasury Bond ETF by 24.4% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 103,706 shares of the company’s stock valued at $2,398,000 after buying an additional 20,323 shares in the last quarter. State Farm Mutual Automobile Insurance Co. grew its holdings in iShares U.S. Treasury Bond ETF by 237.1% during the 3rd quarter. State Farm Mutual Automobile Insurance Co. now owns 1,574,408 shares of the company’s stock valued at $36,400,000 after buying an additional 1,107,366 shares during the last quarter. BlueStem Wealth Partners LLC grew its holdings in iShares U.S. Treasury Bond ETF by 9.6% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 1,206,567 shares of the company’s stock valued at $27,896,000 after buying an additional 106,055 shares during the last quarter. Finally, Kingsview Wealth Management LLC increased its position in iShares U.S. Treasury Bond ETF by 9.4% during the third quarter. Kingsview Wealth Management LLC now owns 43,970 shares of the company’s stock worth $1,017,000 after buying an additional 3,762 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

BATS GOVT opened at $23.19 on Wednesday. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.48 and a fifty-two week high of $23.39. The business has a fifty day moving average of $23.09 and a 200-day moving average of $23.11.

iShares U.S. Treasury Bond ETF 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.