Spectrum Planning & Advisory Services Inc. Has $551,000 Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Spectrum Planning & Advisory Services Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 48.9% during the fourth quarter, HoldingsChannel reports. The firm owned 23,987 shares of the company’s stock after buying an additional 7,876 shares during the quarter. Spectrum Planning & Advisory Services Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $551,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Fund Evaluation Group LLC lifted its stake in iShares U.S. Treasury Bond ETF by 3.4% in the second quarter. Fund Evaluation Group LLC now owns 11,116,463 shares of the company’s stock valued at $250,899,000 after buying an additional 368,383 shares in the last quarter. Bank of Montreal Can raised its holdings in shares of iShares U.S. Treasury Bond ETF by 51.1% during the second quarter. Bank of Montreal Can now owns 56,294 shares of the company’s stock worth $1,280,000 after acquiring an additional 19,037 shares during the period. Magnolia Capital Advisors LLC lifted its position in iShares U.S. Treasury Bond ETF by 58.4% in the 2nd quarter. Magnolia Capital Advisors LLC now owns 22,376 shares of the company’s stock valued at $505,000 after acquiring an additional 8,251 shares in the last quarter. NewEdge Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF by 24.3% in the 2nd quarter. NewEdge Advisors LLC now owns 404,652 shares of the company’s stock worth $9,133,000 after purchasing an additional 79,091 shares during the period. Finally, Regency Capital Management Inc. DE increased its holdings in iShares U.S. Treasury Bond ETF by 96.6% during the 2nd quarter. Regency Capital Management Inc. DE now owns 20,218 shares of the company’s stock worth $456,000 after purchasing an additional 9,935 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT opened at $22.59 on Wednesday. The firm has a 50-day moving average price of $22.61 and a 200-day moving average price of $22.93.

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.