Assetmark Inc. Increases Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Assetmark Inc. grew its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,990,246 shares of the company’s stock after acquiring an additional 739,492 shares during the quarter. iShares U.S. Treasury Bond ETF comprises about 1.2% of Assetmark Inc.’s investment portfolio, making the stock its 16th biggest holding. Assetmark Inc. owned 2.08% of iShares U.S. Treasury Bond ETF worth $575,400,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in GOVT. BTG Pactual Asset Management US LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings 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 valued at $28,000 after acquiring an additional 1,013 shares during the last quarter. Lowe Brockenbrough & Co. Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at about $29,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at about $32,000. Finally, Raleigh Capital Management Inc. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 1,593.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock valued at $34,000 after acquiring an additional 1,370 shares during the last quarter.

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

Shares of BATS GOVT opened at $22.91 on Tuesday. The firm’s 50-day moving average price is $23.03 and its 200-day moving average price is $23.09. iShares U.S. Treasury Bond ETF has a 52-week low of $22.48 and a 52-week high of $23.39.

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.