Fmr LLC Reduces Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Fmr LLC reduced its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 51.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,353,543 shares of the company’s stock after selling 27,425,209 shares during the period. Fmr LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $617,991,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC boosted its stake in shares of iShares U.S. Treasury Bond ETF by 3.4% during the 3rd quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock worth $2,527,054,000 after purchasing an additional 3,525,851 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF by 14.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock worth $1,295,174,000 after purchasing an additional 7,203,276 shares during the period. PNC Financial Services Group Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF by 7.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock worth $858,874,000 after purchasing an additional 2,642,472 shares during the period. Allworth Financial LP boosted its stake in shares of iShares U.S. Treasury Bond ETF by 2.6% during the 3rd quarter. Allworth Financial LP now owns 28,799,490 shares of the company’s stock worth $675,348,000 after purchasing an additional 735,803 shares during the period. Finally, Assetmark Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF by 3.6% during the 3rd quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock worth $431,936,000 after purchasing an additional 639,816 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

GOVT stock opened at $22.87 on Friday. The business’s 50 day moving average price is $22.97 and its 200-day moving average price is $22.91.

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.