MCF Advisors LLC Sells 45,568 Shares of iShares U.S. Treasury Bond ETF $GOVT

MCF Advisors LLC cut its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,231,614 shares of the company’s stock after selling 45,568 shares during the period. iShares U.S. Treasury Bond ETF accounts for approximately 5.4% of MCF Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. MCF Advisors LLC owned about 0.35% of iShares U.S. Treasury Bond ETF worth $97,433,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Bank of America Corp DE increased its position in shares of iShares U.S. Treasury Bond ETF by 12.6% during the third quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock worth $8,372,643,000 after purchasing an additional 40,633,910 shares in the last quarter. Jump Financial LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter worth $1,716,964,000. Truist Financial Corp increased its position in shares of iShares U.S. Treasury Bond ETF by 3.4% during the fourth quarter. Truist Financial Corp now owns 71,006,495 shares of the company’s stock worth $1,634,925,000 after purchasing an additional 2,302,272 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares U.S. Treasury Bond ETF by 9.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 52,947,846 shares of the company’s stock valued at $1,219,124,000 after acquiring an additional 4,679,313 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of iShares U.S. Treasury Bond ETF by 3.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 41,857,399 shares of the company’s stock valued at $967,743,000 after acquiring an additional 1,542,594 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

BATS GOVT opened at $22.61 on Friday. The stock’s fifty day moving average price is $22.79 and its 200 day moving average price is $22.98. iShares U.S. Treasury Bond ETF has a 1 year low of $22.47 and a 1 year 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.