McNaughton Wealth Management LLC Raises Stock Position in iShares U.S. Treasury Bond ETF $GOVT

McNaughton Wealth Management LLC raised its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 25.9% in the second quarter, HoldingsChannel reports. The firm owned 308,636 shares of the company’s stock after buying an additional 63,543 shares during the quarter. iShares U.S. Treasury Bond ETF makes up 2.5% of McNaughton Wealth Management LLC’s investment portfolio, making the stock its 11th largest position. McNaughton Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $7,031,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BTG Pactual Asset Management US LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the third quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 477.8% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock valued at $28,000 after buying an additional 1,013 shares during the last quarter. Toronto Dominion Bank purchased a new stake in iShares U.S. Treasury Bond ETF in the 4th quarter worth $29,000. Raleigh Capital Management Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 1,593.0% in the fourth quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock worth $34,000 after buying an additional 1,370 shares in the last quarter. Finally, Birchwood Financial Partners Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth approximately $40,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT opened at $22.51 on Thursday. iShares U.S. Treasury Bond ETF has a 12-month low of $22.40 and a 12-month high of $23.39. The firm’s 50-day moving average price is $22.64 and its 200-day moving average price is $22.84.

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.