Essex Savings Bank cut its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report) by 25.4% in the first quarter, Holdings Channel.com reports. The firm owned 9,871 shares of the company’s stock after selling 3,353 shares during the quarter. Essex Savings Bank’s holdings in iShares U.S. Treasury Bond ETF were worth $227,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in shares of iShares U.S. Treasury Bond ETF by 12.5% during the fourth quarter. Bank of America Corp DE now owns 423,933,669 shares of the company’s stock worth $9,741,996,000 after buying an additional 47,213,558 shares in the last quarter. LPL Financial LLC grew its holdings in iShares U.S. Treasury Bond ETF by 5.0% during the 4th quarter. LPL Financial LLC now owns 113,104,408 shares of the company’s stock worth $2,599,139,000 after acquiring an additional 5,340,900 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 5.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 71,528,583 shares of the company’s stock worth $1,643,727,000 after acquiring an additional 3,539,745 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 343.4% in the 4th quarter. JPMorgan Chase & Co. now owns 49,365,745 shares of the company’s stock valued at $1,134,425,000 after purchasing an additional 38,232,721 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 8.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock worth $914,991,000 after purchasing an additional 3,191,079 shares during the last quarter.
iShares U.S. Treasury Bond ETF Price Performance
Shares of GOVT stock opened at $22.75 on Thursday. The stock’s 50 day moving average price is $22.73 and its two-hundred day moving average price is $22.70.
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.
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Want to see what other hedge funds are holding GOVT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report).
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