Fifth Third Bancorp Purchases 271,978 Shares of iShares U.S. Treasury Bond ETF $GOVT

Fifth Third Bancorp increased its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1,735.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 287,652 shares of the company’s stock after purchasing an additional 271,978 shares during the period. Fifth Third Bancorp’s holdings in iShares U.S. Treasury Bond ETF were worth $6,590,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GOVT. Bank of America Corp DE lifted its position in iShares U.S. Treasury Bond ETF by 9.0% during the fourth quarter. Bank of America Corp DE now owns 394,706,971 shares of the company’s stock valued at $9,088,128,000 after buying an additional 32,568,450 shares during the period. JPMorgan Chase & Co. grew its position in shares of iShares U.S. Treasury Bond ETF by 366.1% in the 4th quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock worth $4,491,644,000 after buying an additional 153,219,429 shares during the period. LPL Financial LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 7.1% in the 4th quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after acquiring an additional 7,886,409 shares in the last quarter. Jump Financial LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth about $1,716,964,000. Finally, Truist Financial Corp increased its stake in shares of iShares U.S. Treasury Bond ETF by 3.4% in the 4th quarter. Truist Financial Corp now owns 71,006,495 shares of the company’s stock worth $1,634,925,000 after acquiring an additional 2,302,272 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS GOVT opened at $22.60 on Friday. iShares U.S. Treasury Bond ETF has a 1 year low of $22.47 and a 1 year high of $23.39. The firm has a 50-day moving average of $22.68 and a 200 day moving average of $22.89.

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.