True North Advisors LLC Makes New $8.38 Million Investment in iShares U.S. Treasury Bond ETF $GOVT

True North Advisors LLC acquired a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 365,979 shares of the company’s stock, valued at approximately $8,385,000. iShares U.S. Treasury Bond ETF comprises 1.0% of True North Advisors LLC’s holdings, making the stock its 26th biggest position.

Several other large investors have also modified their holdings of the company. BTG Pactual Asset Management US LLC purchased a new stake in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 477.8% during 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 during the period. Toronto Dominion Bank purchased a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth $29,000. Raleigh Capital Management Inc. grew its position in iShares U.S. Treasury Bond ETF by 1,593.0% during 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 during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in iShares U.S. Treasury Bond ETF in the fourth quarter valued at $40,000.

iShares U.S. Treasury Bond ETF Stock Performance

BATS GOVT opened at $22.63 on Friday. The firm’s fifty day moving average is $22.68 and its two-hundred day moving average is $22.89. iShares U.S. Treasury Bond ETF has a one year low of $22.47 and a one year high of $23.39.

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.