Merit Financial Group LLC Acquires 1,009,275 Shares of iShares U.S. Treasury Bond ETF $GOVT

Merit Financial Group LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 57.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,754,867 shares of the company’s stock after purchasing an additional 1,009,275 shares during the quarter. Merit Financial Group LLC owned approximately 0.23% of iShares U.S. Treasury Bond ETF worth $63,693,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in GOVT. Ascent Group LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF by 7.3% during the 3rd quarter. Ascent Group LLC now owns 200,288 shares of the company’s stock worth $4,631,000 after buying an additional 13,685 shares during the last quarter. Klaas Financial Asset Advisors LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 2.2% in the third quarter. Klaas Financial Asset Advisors LLC now owns 433,623 shares of the company’s stock valued at $10,025,000 after acquiring an additional 9,357 shares during the last quarter. Cobblestone Asset Management LLC raised its holdings in iShares U.S. Treasury Bond ETF by 8.6% during the third quarter. Cobblestone Asset Management LLC now owns 41,558 shares of the company’s stock worth $961,000 after acquiring an additional 3,304 shares in the last quarter. Range Financial Group LLC raised its holdings in iShares U.S. Treasury Bond ETF by 12.4% during the third quarter. Range Financial Group LLC now owns 24,662 shares of the company’s stock worth $570,000 after acquiring an additional 2,712 shares in the last quarter. Finally, Ullmann Wealth Partners Group LLC boosted its position in iShares U.S. Treasury Bond ETF by 0.8% during the third quarter. Ullmann Wealth Partners Group LLC now owns 172,725 shares of the company’s stock valued at $3,993,000 after purchasing an additional 1,419 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Down 0.1%

GOVT stock opened at $23.08 on Wednesday. The company has a fifty day moving average of $23.15 and a 200 day moving average of $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.