Bedminster LLC Invests $3.69 Million in iShares U.S. Treasury Bond ETF $GOVT

Bedminster LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 161,302 shares of the company’s stock, valued at approximately $3,695,000. iShares U.S. Treasury Bond ETF comprises approximately 3.4% of Bedminster LLC’s holdings, making the stock its 8th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOVT. BTG Pactual Asset Management US LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF in the third quarter valued at approximately $27,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 477.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock worth $28,000 after purchasing an additional 1,013 shares during the period. Toronto Dominion Bank acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth $29,000. Raleigh Capital Management Inc. grew its position in iShares U.S. Treasury Bond ETF by 1,593.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock valued at $34,000 after buying an additional 1,370 shares during the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new position in iShares U.S. Treasury Bond ETF in the 4th quarter valued at $40,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT opened at $22.69 on Friday. iShares U.S. Treasury Bond ETF has a 1 year low of $22.47 and a 1 year high of $23.39. The company’s fifty day moving average is $22.73 and its two-hundred day moving average is $22.92.

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.