Foster Group Inc. Has $38.73 Million Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Foster Group Inc. cut its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,685,558 shares of the company’s stock after selling 25,440 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for 1.5% of Foster Group Inc.’s investment portfolio, making the stock its 24th largest holding. Foster Group Inc. owned about 0.15% of iShares U.S. Treasury Bond ETF worth $38,734,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of GOVT. LPL Financial LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 3.4% during the 3rd quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock valued at $2,527,054,000 after purchasing an additional 3,525,851 shares during the last quarter. JPMorgan Chase & Co. raised its stake in iShares U.S. Treasury Bond ETF by 34.2% during the third quarter. JPMorgan Chase & Co. now owns 11,133,024 shares of the company’s stock valued at $261,069,000 after buying an additional 2,837,004 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 7.8% in 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 holdings in shares of iShares U.S. Treasury Bond ETF by 18.2% in the 4th 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 in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in iShares U.S. Treasury Bond ETF during the second quarter valued at $33,768,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT opened at $22.59 on Wednesday. The stock has a 50 day moving average of $22.61 and a 200-day moving average of $22.93.

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.