Brookstone Capital Management Buys 277,547 Shares of iShares U.S. Treasury Bond ETF $GOVT

Brookstone Capital Management lifted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 318.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 364,775 shares of the company’s stock after buying an additional 277,547 shares during the period. Brookstone Capital Management’s holdings in iShares U.S. Treasury Bond ETF were worth $8,357,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE raised its position in shares of iShares U.S. Treasury Bond ETF by 9.0% in the 4th quarter. Bank of America Corp DE now owns 394,706,971 shares of the company’s stock valued at $9,088,128,000 after buying an additional 32,568,450 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of iShares U.S. Treasury Bond ETF by 366.1% during the 4th quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock worth $4,491,644,000 after acquiring an additional 153,219,429 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 7.1% during the 4th quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after acquiring an additional 7,886,409 shares in the last quarter. Jump Financial LLC bought a new position in iShares U.S. Treasury Bond ETF in the third quarter valued at approximately $1,716,964,000. Finally, Truist Financial Corp increased its stake in iShares U.S. Treasury Bond ETF by 3.4% in the fourth quarter. Truist Financial Corp now owns 71,006,495 shares of the company’s stock valued at $1,634,925,000 after acquiring an additional 2,302,272 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $22.68 on Tuesday. The firm has a 50 day simple moving average of $22.75 and a two-hundred day simple moving average of $22.94. iShares U.S. Treasury Bond ETF has a one year low of $22.47 and a one year 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.