Daviman Financial LLC Has $4.28 Million Holdings in iShares U.S. Treasury Bond ETF $GOVT

Daviman Financial LLC raised its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 695.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 186,721 shares of the company’s stock after purchasing an additional 163,249 shares during the period. iShares U.S. Treasury Bond ETF accounts for about 2.5% of Daviman Financial LLC’s investment portfolio, making the stock its 15th largest position. Daviman Financial LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $4,278,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised 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 in the last quarter. Jump Financial LLC acquired a new stake in iShares U.S. Treasury Bond ETF in the third quarter valued at approximately $1,716,964,000. Bank of America Corp DE grew its position in iShares U.S. Treasury Bond ETF by 12.6% in the third quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock worth $8,372,643,000 after acquiring an additional 40,633,910 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares U.S. Treasury Bond ETF by 2,261.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock worth $305,017,000 after acquiring an additional 12,683,472 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 7.1% during the 4th 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

iShares U.S. Treasury Bond ETF stock opened at $22.78 on Wednesday. The firm’s fifty day simple moving average is $22.74 and its 200-day simple moving average is $22.93. 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 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.