iShares U.S. Treasury Bond ETF $GOVT Holdings Lifted by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 8.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 167,199,210 shares of the company’s stock after buying an additional 13,304,992 shares during the period. iShares U.S. Treasury Bond ETF makes up about 0.6% of Envestnet Asset Management Inc.’s holdings, making the stock its 25th biggest position. Envestnet Asset Management Inc. owned approximately 13.93% of iShares U.S. Treasury Bond ETF worth $3,808,755,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Cherry Tree Wealth Management LLC grew its stake in iShares U.S. Treasury Bond ETF by 27.0% during the 2nd quarter. Cherry Tree Wealth Management LLC now owns 2,893 shares of the company’s stock valued at $66,000 after acquiring an additional 615 shares in the last quarter. Sequoia Financial Advisors LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 4.3% in the second quarter. Sequoia Financial Advisors LLC now owns 36,481 shares of the company’s stock worth $831,000 after purchasing an additional 1,490 shares in the last quarter. MCF Advisors LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 9.8% during the second quarter. MCF Advisors LLC now owns 4,572,890 shares of the company’s stock worth $104,170,000 after purchasing an additional 407,342 shares during the period. Wilshire Advisors LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the second quarter worth approximately $1,659,000. Finally, Capital Analysts LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 55.4% during the second quarter. Capital Analysts LLC now owns 430,843 shares of the company’s stock worth $9,814,000 after purchasing an additional 153,520 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT traded down $0.17 on Wednesday, reaching $22.02. 14,129,892 shares of the company traded hands, compared to its average volume of 10,428,924. The stock’s 50 day moving average price is $22.41 and its 200-day moving average price is $22.66. iShares U.S. Treasury Bond ETF has a 52-week low of $21.99 and a 52-week high of $23.39.

iShares U.S. Treasury Bond ETF 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.