Tennessee Valley Asset Management Partners Lowers Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Tennessee Valley Asset Management Partners cut its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 24.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 38,762 shares of the company’s stock after selling 12,366 shares during the period. Tennessee Valley Asset Management Partners’ holdings in iShares U.S. Treasury Bond ETF were worth $891,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cypress Wealth Services LLC boosted its holdings in iShares U.S. Treasury Bond ETF by 2.3% during the 4th quarter. Cypress Wealth Services LLC now owns 20,615 shares of the company’s stock valued at $474,000 after acquiring an additional 456 shares during the period. Horst & Graben Wealth Management LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 0.6% during the third quarter. Horst & Graben Wealth Management LLC now owns 81,351 shares of the company’s stock worth $1,908,000 after purchasing an additional 466 shares in the last quarter. Lake Street Advisors Group LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF by 2.4% in the third quarter. Lake Street Advisors Group LLC now owns 20,402 shares of the company’s stock valued at $478,000 after purchasing an additional 481 shares during the period. Magnus Financial Group LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF by 5.8% in the fourth quarter. Magnus Financial Group LLC now owns 9,278 shares of the company’s stock valued at $213,000 after purchasing an additional 505 shares during the period. Finally, Empirical Asset Management LLC grew its holdings in shares of iShares U.S. Treasury Bond ETF by 0.6% in the third quarter. Empirical Asset Management LLC now owns 83,288 shares of the company’s stock valued at $1,953,000 after purchasing an additional 530 shares in the last quarter.

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

iShares U.S. Treasury Bond ETF stock opened at $22.48 on Monday. The business’s 50-day simple moving average is $22.61 and its 200 day simple moving average is $22.93.

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.