Deane Retirement Strategies Inc. Has $12.49 Million Stake in iShares U.S. Treasury Bond ETF $GOVT

Deane Retirement Strategies Inc. raised its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 9,688.5% in the fourth quarter, Holdings Channel reports. The firm owned 545,907 shares of the company’s stock after purchasing an additional 540,330 shares during the period. iShares U.S. Treasury Bond ETF accounts for 5.2% of Deane Retirement Strategies Inc.’s investment portfolio, making the stock its 3rd largest holding. Deane Retirement Strategies Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $12,485,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. BTG Pactual Asset Management US LLC bought a new position in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in iShares U.S. Treasury Bond ETF by 477.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock valued at $28,000 after purchasing an additional 1,013 shares during the period. Lowe Brockenbrough & Co. Inc. bought a new position in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at $29,000. Hantz Financial Services Inc. bought a new position in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at $32,000. Finally, Raleigh Capital Management Inc. grew its stake in 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 valued at $34,000 after purchasing an additional 1,370 shares during the period.

iShares U.S. Treasury Bond ETF Trading Up 0.0%

GOVT stock opened at $22.93 on Thursday. 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 stock has a fifty day moving average of $23.02 and a 200-day moving average of $23.08.

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.