MCF Advisors LLC Raises Holdings in iShares U.S. Treasury Bond ETF $GOVT

MCF Advisors LLC grew its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.3% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 4,277,182 shares of the company’s stock after acquiring an additional 136,359 shares during the quarter. iShares U.S. Treasury Bond ETF comprises 6.1% of MCF Advisors LLC’s portfolio, making the stock its 3rd largest holding. MCF Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $98,888,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GOVT. Lowe Brockenbrough & Co. Inc. purchased a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter valued at $29,000. Hantz Financial Services Inc. purchased a new stake in iShares U.S. Treasury Bond ETF in the third quarter worth about $32,000. Your Advocates Ltd. LLP boosted its position in iShares U.S. Treasury Bond ETF by 65.6% during the 2nd quarter. Your Advocates Ltd. LLP now owns 1,446 shares of the company’s stock valued at $33,000 after acquiring an additional 573 shares in the last quarter. CX Institutional purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth approximately $38,000. Finally, Blume Capital Management Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter worth approximately $40,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT opened at $23.04 on Friday. The company has a 50 day moving average price of $23.05 and a 200 day moving average price of $23.07.

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.