DMC Group LLC Raises Stock Holdings in iShares U.S. Treasury Bond ETF $GOVT

DMC Group LLC increased its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 48.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 89,410 shares of the company’s stock after purchasing an additional 29,248 shares during the period. iShares U.S. Treasury Bond ETF makes up 1.6% of DMC Group LLC’s holdings, making the stock its 13th biggest holding. DMC Group LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $2,055,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. BOS Asset Management LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 1.8% in the first quarter. BOS Asset Management LLC now owns 24,857 shares of the company’s stock worth $571,000 after buying an additional 447 shares during the period. GDS Wealth Management increased its stake in shares of iShares U.S. Treasury Bond ETF by 4.3% in the first quarter. GDS Wealth Management now owns 11,203 shares of the company’s stock worth $258,000 after buying an additional 461 shares during the period. Cary Street Partners Investment Advisory LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 17.4% in the first quarter. Cary Street Partners Investment Advisory LLC now owns 3,145 shares of the company’s stock worth $72,000 after buying an additional 467 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its position in iShares U.S. Treasury Bond ETF by 17.2% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,313 shares of the company’s stock valued at $76,000 after purchasing an additional 486 shares during the period. Finally, SWP Financial LLC increased its position in iShares U.S. Treasury Bond ETF by 0.6% during the 2nd quarter. SWP Financial LLC now owns 83,865 shares of the company’s stock valued at $1,927,000 after purchasing an additional 506 shares during the period.

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

Shares of iShares U.S. Treasury Bond ETF stock opened at $23.09 on Wednesday. The firm’s 50-day moving average is $23.01 and its two-hundred day moving average is $22.86.

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.