Brookstone Capital Management Sells 60,278 Shares of iShares U.S. Treasury Bond ETF $GOVT

Brookstone Capital Management lowered its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 14.1% in the third quarter, HoldingsChannel.com reports. The firm owned 368,149 shares of the company’s stock after selling 60,278 shares during the period. Brookstone Capital Management’s holdings in iShares U.S. Treasury Bond ETF were worth $8,051,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in GOVT. Strive Financial Group LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the second quarter worth $32,000. Tompkins Financial Corp purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter valued at about $46,000. FLP Wealth Management LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the first quarter valued at $54,000. Root Financial Partners LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth $61,000. Finally, Value Investment Professionals LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 1st quarter valued at about $63,000.

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

BATS GOVT opened at $22.20 on Friday. The company’s fifty day moving average price is $22.16 and its two-hundred day moving average price is $22.50. iShares U.S. Treasury Bond ETF has a 12 month low of $21.73 and a 12 month high of $23.39.

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.