Envestnet Portfolio Solutions Inc. Has $195.53 Million Position in iShares U.S. Treasury Bond ETF $GOVT

Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,583,212 shares of the company’s stock after buying an additional 617,450 shares during the quarter. iShares U.S. Treasury Bond ETF makes up 0.9% of Envestnet Portfolio Solutions Inc.’s portfolio, making the stock its 27th largest position. Envestnet Portfolio Solutions Inc. owned about 0.72% of iShares U.S. Treasury Bond ETF worth $195,526,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Strive Financial Group LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at about $32,000. Silver Grove Financial Group Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $42,000. Godfrey Financial Associates Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $44,000. SouthState Bank Corp grew its stake in iShares U.S. Treasury Bond ETF by 262.8% in the fourth quarter. SouthState Bank Corp now owns 1,912 shares of the company’s stock valued at $44,000 after purchasing an additional 1,385 shares in the last quarter. Finally, FLP Wealth Management LLC bought a new position in iShares U.S. Treasury Bond ETF in the first quarter valued at approximately $54,000.

iShares U.S. Treasury Bond ETF Stock Down 0.8%

Shares of BATS:GOVT traded down $0.17 during trading on Wednesday, hitting $22.02. 14,129,892 shares of the company were exchanged, compared to its average volume of 10,428,924. iShares U.S. Treasury Bond ETF has a fifty-two week low of $21.99 and a fifty-two week high of $23.39. The firm has a fifty day moving average price of $22.41 and a two-hundred day moving average price of $22.66.

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.