Northwestern Mutual Wealth Management Co. Has $305.02 Million Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2,261.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 13,244,325 shares of the company’s stock after acquiring an additional 12,683,472 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares U.S. Treasury Bond ETF were worth $305,017,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of GOVT. BTG Pactual Asset Management US LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in 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 purchasing an additional 1,013 shares in the last quarter. Lowe Brockenbrough & Co. Inc. acquired a new position in iShares U.S. Treasury Bond ETF in the 3rd quarter worth about $29,000. Hantz Financial Services Inc. acquired a new position in iShares U.S. Treasury Bond ETF in the 3rd quarter worth about $32,000. Finally, Raleigh Capital Management Inc. increased its holdings in 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 purchasing an additional 1,370 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Down 0.5%

Shares of GOVT opened at $22.57 on Friday. iShares U.S. Treasury Bond ETF has a 12-month low of $22.48 and a 12-month high of $23.39. The business has a 50-day simple moving average of $22.88 and a two-hundred day simple moving average of $23.03.

iShares U.S. Treasury Bond ETF 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.