Hsbc Holdings PLC Makes New Investment in iShares U.S. Treasury Bond ETF $GOVT

Hsbc Holdings PLC purchased a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 4th quarter, Holdings Channel reports. The firm purchased 216,159 shares of the company’s stock, valued at approximately $4,977,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. CENTRAL TRUST Co increased its position in iShares U.S. Treasury Bond ETF by 1.4% during the fourth quarter. CENTRAL TRUST Co now owns 34,532 shares of the company’s stock valued at $795,000 after acquiring an additional 474 shares during the last quarter. Moneta Group Investment Advisors LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 5.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 9,828 shares of the company’s stock valued at $226,000 after acquiring an additional 485 shares during the period. Signature Resources Capital Management LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 8.3% in the 4th quarter. Signature Resources Capital Management LLC now owns 6,784 shares of the company’s stock worth $156,000 after acquiring an additional 521 shares during the last quarter. Tradition Wealth Management LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 4.3% in the 4th quarter. Tradition Wealth Management LLC now owns 12,656 shares of the company’s stock worth $291,000 after acquiring an additional 524 shares during the last quarter. Finally, Crewe Advisors LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF by 42.6% during the 4th quarter. Crewe Advisors LLC now owns 1,773 shares of the company’s stock worth $41,000 after purchasing an additional 530 shares during the period.

iShares U.S. Treasury Bond ETF Trading Up 0.1%

Shares of BATS:GOVT opened at $22.60 on Friday. iShares U.S. Treasury Bond ETF has a 12 month low of $22.47 and a 12 month high of $23.39. The firm’s 50-day moving average is $22.70 and its 200 day moving average is $22.91.

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.