Assetmark Inc. Acquires 1,186,252 Shares of iShares U.S. Treasury Bond ETF $GOVT

Assetmark Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 26,176,498 shares of the company’s stock after purchasing an additional 1,186,252 shares during the period. iShares U.S. Treasury Bond ETF makes up approximately 1.2% of Assetmark Inc.’s holdings, making the stock its 13th largest position. Assetmark Inc. owned approximately 2.18% of iShares U.S. Treasury Bond ETF worth $599,704,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Jane Street Group LLC grew its stake in shares of iShares U.S. Treasury Bond ETF by 365.6% in the first quarter. Jane Street Group LLC now owns 366,986 shares of the company’s stock worth $8,435,000 after acquiring an additional 288,160 shares during the last quarter. Qube Research & Technologies Ltd bought a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter valued at about $523,000. Peapack Gladstone Financial Corp purchased a new position in iShares U.S. Treasury Bond ETF in the second quarter worth about $217,000. Raymond James Financial Inc. raised its holdings in iShares U.S. Treasury Bond ETF by 48.7% in the second quarter. Raymond James Financial Inc. now owns 2,346,330 shares of the company’s stock worth $53,919,000 after buying an additional 768,431 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in iShares U.S. Treasury Bond ETF by 11.2% in the second quarter. Ameriprise Financial Inc. now owns 5,744,707 shares of the company’s stock worth $132,038,000 after buying an additional 577,005 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.0%

Shares of BATS GOVT opened at $22.60 on Friday. The firm’s 50 day moving average price is $22.68 and its 200-day moving average price is $22.89. iShares U.S. Treasury Bond ETF has a 52-week low of $22.47 and a 52-week high of $23.39.

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.