Richmond Investment Services LLC Buys 33,889 Shares of iShares U.S. Treasury Bond ETF $GOVT

Richmond Investment Services LLC lifted its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 45.8% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 107,830 shares of the company’s stock after purchasing an additional 33,889 shares during the period. Richmond Investment Services LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $2,470,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in iShares U.S. Treasury Bond ETF by 366.1% during the 4th quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock valued at $4,491,644,000 after buying an additional 153,219,429 shares during the period. Jump Financial LLC bought a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter valued at about $1,716,964,000. Bank of America Corp DE raised its stake in shares of iShares U.S. Treasury Bond ETF by 12.6% during the third quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock valued at $8,372,643,000 after acquiring an additional 40,633,910 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 2,261.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock worth $305,017,000 after purchasing an additional 12,683,472 shares during the period. Finally, LPL Financial LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 7.1% in the fourth quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after purchasing an additional 7,886,409 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS:GOVT opened at $22.60 on Wednesday. The stock’s 50-day moving average is $22.71 and its 200 day moving average is $22.91. iShares U.S. Treasury Bond ETF has a 1 year low of $22.47 and a 1 year high of $23.39.

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.