LPL Financial LLC Has $2.74 Billion Position in iShares U.S. Treasury Bond ETF $GOVT

LPL Financial LLC grew its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 119,087,423 shares of the company’s stock after buying an additional 7,886,409 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for about 0.7% of LPL Financial LLC’s portfolio, making the stock its 18th largest holding. LPL Financial LLC owned about 9.92% of iShares U.S. Treasury Bond ETF worth $2,741,988,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in GOVT. Jane Street Group LLC raised its position in shares of iShares U.S. Treasury Bond ETF by 365.6% in the 1st quarter. Jane Street Group LLC now owns 366,986 shares of the company’s stock valued at $8,435,000 after buying an additional 288,160 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter valued at approximately $523,000. Peapack Gladstone Financial Corp acquired a new position in shares of iShares U.S. Treasury Bond ETF in the 2nd quarter valued at approximately $217,000. Raymond James Financial Inc. increased its position in iShares U.S. Treasury Bond ETF by 48.7% during the 2nd quarter. Raymond James Financial Inc. now owns 2,346,330 shares of the company’s stock worth $53,919,000 after purchasing an additional 768,431 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in iShares U.S. Treasury Bond ETF by 11.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,744,707 shares of the company’s stock worth $132,038,000 after purchasing an additional 577,005 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $22.61 on Monday. The company has a 50 day simple moving average of $22.79 and a 200 day simple moving average of $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 Company 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.