State Farm Mutual Automobile Insurance Co. Boosts Stock Position in iShares U.S. Treasury Bond ETF $GOVT

State Farm Mutual Automobile Insurance Co. increased its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 50.3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,366,596 shares of the company’s stock after buying an additional 792,188 shares during the period. State Farm Mutual Automobile Insurance Co. owned 0.20% of iShares U.S. Treasury Bond ETF worth $54,491,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in GOVT. BTG Pactual Asset Management US LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares U.S. Treasury Bond ETF by 477.8% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock worth $28,000 after buying an additional 1,013 shares during the last quarter. Lowe Brockenbrough & Co. Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth approximately $29,000. Hantz Financial Services Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth approximately $32,000. Finally, Raleigh Capital Management Inc. grew its stake in shares of 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 worth $34,000 after buying an additional 1,370 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

iShares U.S. Treasury Bond ETF stock opened at $22.58 on Tuesday. The stock’s 50 day moving average is $22.79 and its 200 day moving average is $22.98. iShares U.S. Treasury Bond ETF has a twelve month low of $22.47 and a twelve month high of $23.39.

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.