Foundations Investment Advisors LLC Sells 31,073 Shares of iShares U.S. Treasury Bond ETF $GOVT

Foundations Investment Advisors LLC reduced its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.6% in the third quarter, HoldingsChannel reports. The firm owned 376,305 shares of the company’s stock after selling 31,073 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $8,700,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. TIAA Trust National Association boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 17,484.2% in the second quarter. TIAA Trust National Association now owns 30,751,087 shares of the company’s stock worth $705,040,000 after buying an additional 30,576,208 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of iShares U.S. Treasury Bond ETF by 2.8% during the 2nd quarter. Bank of America Corp DE now owns 321,504,611 shares of the company’s stock worth $7,388,176,000 after acquiring an additional 8,760,376 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares U.S. Treasury Bond ETF by 7.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 40,314,805 shares of the company’s stock valued at $926,434,000 after acquiring an additional 2,794,537 shares during the period. Jordan Park Group LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 13.9% during the 2nd quarter. Jordan Park Group LLC now owns 20,987,708 shares of the company’s stock valued at $482,298,000 after acquiring an additional 2,559,272 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 8.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 27,236,673 shares of the company’s stock worth $628,759,000 after purchasing an additional 2,188,174 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.1%

Shares of iShares U.S. Treasury Bond ETF stock opened at $23.04 on Friday. The business has a 50 day moving average of $23.08 and a two-hundred day moving average of $23.05.

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.