Cobblestone Asset Management LLC Trims Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Cobblestone Asset Management LLC decreased its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 24,459 shares of the company’s stock after selling 493 shares during the period. Cobblestone Asset Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $562,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. LPL Financial LLC increased its holdings in iShares U.S. Treasury Bond ETF by 3.4% during the 3rd quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock worth $2,527,054,000 after purchasing an additional 3,525,851 shares during the period. JPMorgan Chase & Co. boosted its position in iShares U.S. Treasury Bond ETF by 34.2% during the third quarter. JPMorgan Chase & Co. now owns 11,133,024 shares of the company’s stock valued at $261,069,000 after purchasing an additional 2,837,004 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in iShares U.S. Treasury Bond ETF by 7.8% in the third quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock valued at $858,874,000 after purchasing an additional 2,642,472 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 18.2% during the fourth quarter. Mutual Advisors LLC now owns 11,332,555 shares of the company’s stock valued at $254,473,000 after buying an additional 1,741,584 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter worth approximately $33,768,000.

iShares U.S. Treasury Bond ETF Stock Up 0.2 %

Shares of GOVT opened at $22.48 on Monday. The firm’s 50 day simple moving average is $22.61 and its two-hundred day simple moving average is $22.93.

About iShares U.S. Treasury Bond ETF

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.