108,847 Shares in iShares U.S. Treasury Bond ETF $GOVT Purchased by a16z Perennial Management L.P.

a16z Perennial Management L.P. purchased a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 108,847 shares of the company’s stock, valued at approximately $2,494,000. iShares U.S. Treasury Bond ETF comprises approximately 0.2% of a16z Perennial Management L.P.’s holdings, making the stock its 27th largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Securities Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 37.7% in the fourth quarter. Principal Securities Inc. now owns 775,899 shares of the company’s stock worth $17,865,000 after acquiring an additional 212,482 shares in the last quarter. Farther Finance Advisors LLC grew its stake in iShares U.S. Treasury Bond ETF by 77.7% during the 4th quarter. Farther Finance Advisors LLC now owns 827,918 shares of the company’s stock valued at $19,063,000 after purchasing an additional 361,889 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in iShares U.S. Treasury Bond ETF by 27.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 157,829 shares of the company’s stock valued at $3,634,000 after purchasing an additional 34,062 shares in the last quarter. Stableford Capital II LLC increased its holdings in iShares U.S. Treasury Bond ETF by 239.6% during the 4th quarter. Stableford Capital II LLC now owns 96,024 shares of the company’s stock worth $2,211,000 after purchasing an additional 67,747 shares during the last quarter. Finally, Bailard Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 20.5% during the 4th quarter. Bailard Inc. now owns 1,879,087 shares of the company’s stock worth $43,266,000 after purchasing an additional 319,691 shares during the last quarter.

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

Shares of GOVT opened at $22.52 on Wednesday. The business’s 50 day moving average is $22.67 and its two-hundred day moving average is $22.88. iShares U.S. Treasury Bond ETF has a 52-week low of $22.47 and a 52-week high of $23.39.

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.