SeaBridge Investment Advisors LLC Has $13.86 Million Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

SeaBridge Investment Advisors LLC decreased its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 13.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 603,324 shares of the company’s stock after selling 96,487 shares during the period. iShares U.S. Treasury Bond ETF makes up 2.9% of SeaBridge Investment Advisors LLC’s holdings, making the stock its 5th biggest position. SeaBridge Investment Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $13,864,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of GOVT. LPL Financial LLC grew its position in iShares U.S. Treasury Bond ETF by 3.4% during the third quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock worth $2,527,054,000 after buying an additional 3,525,851 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares U.S. Treasury Bond ETF by 34.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,133,024 shares of the company’s stock valued at $261,069,000 after acquiring an additional 2,837,004 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 7.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock worth $858,874,000 after purchasing an additional 2,642,472 shares in the last quarter. Mutual Advisors LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 18.2% in the fourth quarter. Mutual Advisors LLC now owns 11,332,555 shares of the company’s stock worth $254,473,000 after purchasing an additional 1,741,584 shares during the period. Finally, Kovitz Investment Group Partners LLC acquired a new position in iShares U.S. Treasury Bond ETF in the third quarter valued at about $34,438,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT opened at $22.58 on Friday. The business’s fifty day moving average price is $22.60 and its 200-day moving average price is $22.92.

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.