3EDGE Asset Management LP Sells 29,342 Shares of iShares U.S. Treasury Bond ETF $GOVT

3EDGE Asset Management LP lessened its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,540,508 shares of the company’s stock after selling 29,342 shares during the quarter. iShares U.S. Treasury Bond ETF makes up about 1.8% of 3EDGE Asset Management LP’s portfolio, making the stock its 17th largest position. 3EDGE Asset Management LP’s holdings in iShares U.S. Treasury Bond ETF were worth $35,470,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Dynasty Wealth Management LLC increased its position in iShares U.S. Treasury Bond ETF by 107.7% in the third quarter. Dynasty Wealth Management LLC now owns 220,546 shares of the company’s stock worth $5,099,000 after buying an additional 114,355 shares during the last quarter. Bailard Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 14.7% during the 3rd quarter. Bailard Inc. now owns 1,559,396 shares of the company’s stock valued at $36,053,000 after buying an additional 200,018 shares during the last quarter. NorthCrest Asset Manangement LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 34.0% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 142,033 shares of the company’s stock valued at $3,275,000 after buying an additional 36,059 shares during the last quarter. Acorns Advisers LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 5.8% during the 3rd quarter. Acorns Advisers LLC now owns 1,147,436 shares of the company’s stock worth $26,529,000 after acquiring an additional 62,524 shares during the period. Finally, BlueStem Wealth Partners LLC increased its holdings in iShares U.S. Treasury Bond ETF by 9.6% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 1,206,567 shares of the company’s stock worth $27,896,000 after acquiring an additional 106,055 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.50 on Wednesday. iShares U.S. Treasury Bond ETF has a 52-week low of $22.47 and a 52-week high of $23.39. The stock’s 50-day simple moving average is $22.86 and its 200 day simple moving average is $23.02.

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.