iShares U.S. Treasury Bond ETF $GOVT Stake Lessened by BIP Wealth LLC

BIP Wealth LLC cut its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 25.2% during the 1st quarter, HoldingsChannel reports. The fund owned 71,539 shares of the company’s stock after selling 24,086 shares during the period. BIP Wealth LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $1,639,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings 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 worth $4,491,644,000 after acquiring an additional 153,219,429 shares in the last quarter. Jump Financial LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth 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% in the 3rd quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock valued at $8,372,643,000 after purchasing an additional 40,633,910 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares U.S. Treasury Bond ETF by 2,261.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock valued at $305,017,000 after purchasing an additional 12,683,472 shares in the last quarter. Finally, LPL Financial LLC lifted its position 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 purchasing an additional 7,886,409 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT stock opened at $22.69 on Friday. iShares U.S. Treasury Bond ETF has a one year low of $22.47 and a one year high of $23.39. The company’s 50-day simple moving average is $22.72 and its 200-day simple moving average is $22.92.

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.