The Hill Ledger

US edition · Congressional trading

Senator John Boozman buys three iShares bond funds in new filings

Filings disclosed since 21 October show the member bought up to $15,000 in each fund, while Snowflake insider Frank Slootman sold company shares.

Filings disclosed on 21 October showed 17 trades from Senator John Boozman, the only congressional filer to report transactions since yesterday. Boozman bought $80,000 and sold $56,000 across the filings.

The transactions included purchases of $1,001 to $15,000 each in iShares 10-20 Year Treasury Bond ETF, iShares 7-10 Year Treasury Bond ETF and iShares MBS ETF. Boozman traded on 9 September and disclosed the transactions 42 days later on 21 October. Shares in iShares 7-10 Year Treasury Bond ETF have fallen 0.8 per cent since the trade.

Company insiders disclosed 56 open-market trades over the same period. Frank Slootman sold shares in Snowflake twice on 19 October, with disposals of $26.2mn and $21.6mn.

Open-market insider activity over the past 30 days leaned towards disposals. Insiders sold $2.7bn of stock against $465.8mn of purchases across 1,665 trades. The heaviest selling was at software company CrowdStrike Holdings, where insiders sold $308.4mn, and chipmaker NVIDIA, where insiders sold $306.9mn. Housebuilder Lennar recorded the largest buying, with $382.9mn of purchases.

Companies in this column: CrowdStrike Holdings, NVIDIA, Lennar, iShares 10-20 Year Treasury Bond ETF, iShares 7-10 Year Treasury Bond ETF, iShares MBS ETF, Snowflake.