Synovus Financial Corp Grows Holdings in iShares U.S. Treasury Bond ETF $GOVT

Synovus Financial Corp raised its position in iShares U.S. Treasury Bond ETF (BATS:GOVTFree Report) by 4.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 164,064 shares of the company’s stock after buying an additional 6,919 shares during the period. Synovus Financial Corp’s holdings in iShares U.S. Treasury Bond ETF were worth $3,771,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital Analysts LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 24.2% in the fourth quarter. Capital Analysts LLC now owns 23,070 shares of the company’s stock valued at $530,000 after purchasing an additional 4,488 shares during the period. Johnson Financial Group Inc. grew its position in shares of iShares U.S. Treasury Bond ETF by 55.8% in the fourth quarter. Johnson Financial Group Inc. now owns 8,336 shares of the company’s stock valued at $188,000 after purchasing an additional 2,985 shares during the period. Northern Trust Corp grew its position in shares of iShares U.S. Treasury Bond ETF by 12.3% in the fourth quarter. Northern Trust Corp now owns 2,895,224 shares of the company’s stock valued at $66,532,000 after purchasing an additional 317,207 shares during the period. Wise Wealth Partners acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the fourth quarter valued at about $6,794,000. Finally, South Plains Financial Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the fourth quarter valued at about $195,000.

iShares U.S. Treasury Bond ETF Trading Up 0.4%

Shares of BATS GOVT opened at $22.95 on Monday. The firm has a 50-day moving average of $22.82 and a 200-day moving average of $22.79.

About iShares U.S. Treasury Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares U.S. Treasury Bond ETF (BATS:GOVT)

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