iShares U.S. Treasury Bond ETF $GOVT Stock Sold by Pacific Wealth Management

Pacific Wealth Management lessened its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 26.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 497,893 shares of the company’s stock after selling 178,586 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for approximately 8.8% of Pacific Wealth Management’s portfolio, making the stock its 3rd largest holding. Pacific Wealth Management’s holdings in iShares U.S. Treasury Bond ETF were worth $10,889,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in GOVT. Bank of America Corp DE raised its holdings in shares of iShares U.S. Treasury Bond ETF by 20.3% during the 1st quarter. Bank of America Corp DE now owns 474,769,940 shares of the company’s stock valued at $10,876,979,000 after buying an additional 80,062,969 shares in the last quarter. JPMorgan Chase & Co. grew its position in iShares U.S. Treasury Bond ETF by 366.1% during the fourth quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock valued at $4,491,644,000 after acquiring an additional 153,219,429 shares during the last quarter. Envestnet Asset Management Inc. grew its position in iShares U.S. Treasury Bond ETF by 8.6% during the second quarter. Envestnet Asset Management Inc. now owns 167,199,210 shares of the company’s stock valued at $3,808,755,000 after acquiring an additional 13,304,992 shares during the last quarter. LPL Financial LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after acquiring an additional 7,886,409 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 3.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 54,704,163 shares of the company’s stock worth $1,253,272,000 after acquiring an additional 1,756,317 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of iShares U.S. Treasury Bond ETF stock traded down $0.02 during trading on Monday, reaching $21.79. The company’s stock had a trading volume of 19,888,994 shares, compared to its average volume of 10,626,298. iShares U.S. Treasury Bond ETF has a 52-week low of $21.73 and a 52-week high of $23.39. The firm’s 50-day moving average is $22.31 and its two-hundred day moving average is $22.59.

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.