PNC Financial Services Group Inc. Has $1.12 Billion Stake in iShares U.S. Treasury Bond ETF $GOVT

PNC Financial Services Group Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 17.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,268,533 shares of the company’s stock after acquiring an additional 7,111,353 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for 0.7% of PNC Financial Services Group Inc.’s portfolio, making the stock its 24th largest position. PNC Financial Services Group Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,115,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jane Street Group LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 365.6% during the 1st quarter. Jane Street Group LLC now owns 366,986 shares of the company’s stock worth $8,435,000 after purchasing an additional 288,160 shares in the last quarter. MGO One Seven LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF by 38.0% during the second quarter. MGO One Seven LLC now owns 15,027 shares of the company’s stock worth $345,000 after buying an additional 4,139 shares in the last quarter. Empirical Asset Management LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 3.6% in the second quarter. Empirical Asset Management LLC now owns 25,829 shares of the company’s stock valued at $594,000 after acquiring an additional 906 shares during the last quarter. Stratos Wealth Advisors LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 6.1% in the 2nd quarter. Stratos Wealth Advisors LLC now owns 133,489 shares of the company’s stock worth $3,068,000 after acquiring an additional 7,645 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 24.0% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 126,328 shares of the company’s stock worth $2,903,000 after acquiring an additional 24,417 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Up 0.2%

GOVT stock opened at $23.24 on Friday. The business has a fifty day moving average price of $23.05 and a 200 day moving average price of $23.08. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.48 and a fifty-two week high of $23.36.

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.