Cherrydale Wealth Management LLC Boosts Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Cherrydale Wealth Management LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVTFree Report) by 13.1% during the 4th quarter, HoldingsChannel reports. The firm owned 36,292 shares of the company’s stock after purchasing an additional 4,216 shares during the period. iShares U.S. Treasury Bond ETF accounts for approximately 0.3% of Cherrydale Wealth Management LLC’s investment portfolio, making the stock its 28th biggest holding. Cherrydale Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $834,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Stonekeep Investments LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 47.8% in the 4th quarter. Stonekeep Investments LLC now owns 100,544 shares of the company’s stock valued at $2,311,000 after buying an additional 32,517 shares during the period. TrueWealth Advisors LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 15.1% in the fourth quarter. TrueWealth Advisors LLC now owns 11,160 shares of the company’s stock valued at $256,000 after purchasing an additional 1,468 shares in the last quarter. Retirement Wealth Solutions LLC purchased a new position in iShares U.S. Treasury Bond ETF during the fourth quarter worth $60,000. LongView Wealth Management increased its position in iShares U.S. Treasury Bond ETF by 163.7% during the 4th quarter. LongView Wealth Management now owns 36,385 shares of the company’s stock worth $836,000 after purchasing an additional 22,585 shares in the last quarter. Finally, Merit Financial Group LLC grew its holdings in shares of iShares U.S. Treasury Bond ETF by 70.7% during the fourth quarter. Merit Financial Group LLC now owns 169,574 shares of the company’s stock worth $3,897,000 after buying an additional 70,253 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT remained flat at $22.46 on Friday. 4,592,040 shares of the stock were exchanged. The stock’s 50 day moving average is $22.63 and its two-hundred day moving average is $22.93.

iShares U.S. Treasury Bond ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding GOVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Treasury Bond ETF (BATS:GOVTFree Report).

Institutional Ownership by Quarter for iShares U.S. Treasury Bond ETF (BATS:GOVT)

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