Costello Asset Management INC Sells 17,092 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Costello Asset Management INC trimmed its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 50.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 16,789 shares of the company’s stock after selling 17,092 shares during the period. Costello Asset Management INC’s holdings in iShares U.S. Treasury Bond ETF were worth $386,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Independence Bank of Kentucky increased its stake in shares of iShares U.S. Treasury Bond ETF by 218.6% during the fourth quarter. Independence Bank of Kentucky now owns 12,772 shares of the company’s stock valued at $294,000 after purchasing an additional 8,763 shares in the last quarter. Peavine Capital LLC increased its position in iShares U.S. Treasury Bond ETF by 5.9% during the 4th quarter. Peavine Capital LLC now owns 10,096,178 shares of the company’s stock valued at $232,010,000 after buying an additional 563,395 shares in the last quarter. Western Financial Corp CA raised its stake in iShares U.S. Treasury Bond ETF by 7.9% during the fourth quarter. Western Financial Corp CA now owns 108,564 shares of the company’s stock valued at $2,495,000 after buying an additional 7,911 shares during the last quarter. RHS Financial LLC boosted its holdings in iShares U.S. Treasury Bond ETF by 2.6% in the fourth quarter. RHS Financial LLC now owns 34,638 shares of the company’s stock worth $796,000 after acquiring an additional 888 shares in the last quarter. Finally, Austin Private Wealth LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 1.2% in the fourth quarter. Austin Private Wealth LLC now owns 69,061 shares of the company’s stock worth $1,587,000 after acquiring an additional 788 shares during the last quarter.

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

Shares of BATS:GOVT opened at $22.58 on Friday. The firm’s fifty day moving average is $22.60 and its two-hundred day moving average is $22.92.

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.