3EDGE Asset Management LP Reduces Stake in iShares U.S. Treasury Bond ETF $GOVT

3EDGE Asset Management LP cut its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,569,850 shares of the company’s stock after selling 53,396 shares during the quarter. iShares U.S. Treasury Bond ETF comprises approximately 2.0% of 3EDGE Asset Management LP’s investment portfolio, making the stock its 14th biggest position. 3EDGE Asset Management LP’s holdings in iShares U.S. Treasury Bond ETF were worth $36,295,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE increased its position in iShares U.S. Treasury Bond ETF by 2.8% during the second quarter. Bank of America Corp DE now owns 321,504,611 shares of the company’s stock worth $7,388,176,000 after purchasing an additional 8,760,376 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 74,588,153 shares of the company’s stock valued at $1,714,024,000 after purchasing an additional 470,264 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares U.S. Treasury Bond ETF by 0.3% in the 2nd quarter. PNC Financial Services Group Inc. now owns 41,157,180 shares of the company’s stock valued at $945,792,000 after buying an additional 121,143 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 7.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 40,314,805 shares of the company’s stock worth $926,434,000 after buying an additional 2,794,537 shares during the last quarter. Finally, TIAA Trust National Association increased its holdings in shares of iShares U.S. Treasury Bond ETF by 17,484.2% during the 2nd quarter. TIAA Trust National Association now owns 30,751,087 shares of the company’s stock worth $705,040,000 after buying an additional 30,576,208 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $23.01 on Friday. The firm’s 50 day moving average price is $23.09 and its 200 day moving average price is $23.04.

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.