Detalus Advisors LLC Purchases New Shares in iShares U.S. Treasury Bond ETF $GOVT

Detalus Advisors LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 172,779 shares of the company’s stock, valued at approximately $3,958,000. iShares U.S. Treasury Bond ETF accounts for about 0.9% of Detalus Advisors LLC’s holdings, making the stock its 26th largest position.

A number of other institutional investors have also recently added to or reduced their stakes in GOVT. JPMorgan Chase & Co. grew its stake in shares of 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 position in shares of iShares U.S. Treasury Bond ETF in the third quarter worth about $1,716,964,000. Bank of America Corp DE boosted its holdings 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 valued at $8,372,643,000 after purchasing an additional 40,633,910 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in iShares U.S. Treasury Bond ETF by 2,261.5% during 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 grew its stake in 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 valued at $2,741,988,000 after purchasing an additional 7,886,409 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $22.85 on Monday. The stock’s 50 day moving average is $22.74 and its two-hundred day moving average is $22.93. iShares U.S. Treasury Bond ETF has a 52-week low of $22.47 and a 52-week 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.