MMA Asset Management LLC Increases Position in iShares U.S. Treasury Bond ETF $GOVT

MMA Asset Management LLC lifted its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 92.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 540,907 shares of the company’s stock after purchasing an additional 259,368 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for approximately 4.8% of MMA Asset Management LLC’s investment portfolio, making the stock its 3rd biggest holding. MMA Asset Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $12,430,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. 5T Wealth LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 2.2% in the second quarter. 5T Wealth LLC now owns 33,592 shares of the company’s stock worth $772,000 after purchasing an additional 716 shares in the last quarter. TIAA Trust National Association lifted its position in shares of iShares U.S. Treasury Bond ETF by 17,484.2% in the second quarter. TIAA Trust National Association now owns 30,751,087 shares of the company’s stock worth $705,040,000 after purchasing an additional 30,576,208 shares in the last quarter. Lifeworks Advisors LLC lifted its position in shares of iShares U.S. Treasury Bond ETF by 6.0% in the second quarter. Lifeworks Advisors LLC now owns 996,931 shares of the company’s stock worth $22,909,000 after purchasing an additional 56,400 shares in the last quarter. Lockheed Martin Investment Management Co. bought a new stake in shares of iShares U.S. Treasury Bond ETF in the second quarter worth $21,831,000. Finally, Kovack Advisors Inc. bought a new stake in shares of iShares U.S. Treasury Bond ETF in the second quarter worth $361,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $23.20 on Monday. The stock has a 50 day simple moving average of $23.14 and a two-hundred day simple moving average of $22.90.

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.