Meridian Wealth Management LLC Increases Position in iShares U.S. Treasury Bond ETF $GOVT

Meridian Wealth Management LLC increased its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 6.2% during the second quarter, Holdings Channel reports. The institutional investor owned 461,706 shares of the company’s stock after acquiring an additional 27,147 shares during the period. Meridian Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $10,610,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Keystone Global Partners LLC increased its holdings in iShares U.S. Treasury Bond ETF by 64.3% during the 2nd quarter. Keystone Global Partners LLC now owns 214,064 shares of the company’s stock valued at $4,919,000 after acquiring an additional 83,805 shares in the last quarter. Geneos Wealth Management Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 83.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 844,813 shares of the company’s stock worth $19,422,000 after purchasing an additional 383,928 shares during the last quarter. Cobblestone Capital Advisors LLC NY lifted its stake in iShares U.S. Treasury Bond ETF by 1.6% in the 1st quarter. Cobblestone Capital Advisors LLC NY now owns 5,010,066 shares of the company’s stock valued at $115,156,000 after buying an additional 78,291 shares in the last quarter. National Wealth Management Group LLC grew its holdings in iShares U.S. Treasury Bond ETF by 15.7% during the 1st quarter. National Wealth Management Group LLC now owns 41,018 shares of the company’s stock valued at $943,000 after buying an additional 5,577 shares during the last quarter. Finally, Blueprint Investment Partners LLC increased its position in iShares U.S. Treasury Bond ETF by 80.1% during the first quarter. Blueprint Investment Partners LLC now owns 828,571 shares of the company’s stock worth $19,045,000 after buying an additional 368,556 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.1%

GOVT opened at $23.09 on Friday. The firm’s 50 day moving average is $23.17 and its two-hundred day moving average is $22.92.

iShares U.S. Treasury Bond ETF 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.