iShares U.S. Treasury Bond ETF (BATS:GOVT) Shares Sold by M&T Bank Corp

M&T Bank Corp reduced its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 28.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 131,529 shares of the company’s stock after selling 52,033 shares during the period. M&T Bank Corp’s holdings in iShares U.S. Treasury Bond ETF were worth $3,084,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Gradient Investments LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 794.1% during the 2nd quarter. Gradient Investments LLC now owns 2,727 shares of the company’s stock worth $62,000 after purchasing an additional 2,422 shares during the period. Williams Financial LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF in the second quarter worth about $247,000. Western Financial Corp CA boosted its stake in shares of iShares U.S. Treasury Bond ETF by 0.8% during the 2nd quarter. Western Financial Corp CA now owns 160,928 shares of the company’s stock worth $3,632,000 after acquiring an additional 1,252 shares in the last quarter. Johnson Bixby & Associates LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 3.3% in the 2nd quarter. Johnson Bixby & Associates LLC now owns 1,124,237 shares of the company’s stock valued at $25,374,000 after purchasing an additional 35,389 shares in the last quarter. Finally, ADE LLC raised its holdings in iShares U.S. Treasury Bond ETF by 8.5% in the 2nd quarter. ADE LLC now owns 27,201 shares of the company’s stock worth $614,000 after purchasing an additional 2,128 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

iShares U.S. Treasury Bond ETF stock opened at $22.67 on Friday. The firm has a 50 day simple moving average of $22.83 and a 200 day simple moving average of $22.95.

iShares U.S. Treasury Bond ETF 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.