iShares U.S. Treasury Bond ETF (BATS:GOVT – Get Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $22.08 and last traded at $22.0750, with a volume of 578176 shares trading hands. The stock had previously closed at $22.19.
iShares U.S. Treasury Bond ETF Trading Down 0.7%
The company’s fifty day moving average price is $22.41 and its two-hundred day moving average price is $22.66.
Hedge Funds Weigh In On iShares U.S. Treasury Bond ETF
A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in shares of iShares U.S. Treasury Bond ETF by 20.3% during the 1st quarter. Bank of America Corp DE now owns 474,769,940 shares of the company’s stock valued at $10,876,979,000 after buying an additional 80,062,969 shares during the period. JPMorgan Chase & Co. raised 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 boosted its holdings in iShares U.S. Treasury Bond ETF by 7.1% in the fourth quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock valued at $2,741,988,000 after acquiring an additional 7,886,409 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 3.3% in the first quarter. PNC Financial Services Group Inc. now owns 54,704,163 shares of the company’s stock valued at $1,253,272,000 after acquiring an additional 1,756,317 shares during the last quarter. Finally, TIAA Trust National Association grew its position in iShares U.S. Treasury Bond ETF by 8.6% during the fourth quarter. TIAA Trust National Association now owns 35,617,520 shares of the company’s stock valued at $821,262,000 after acquiring an additional 2,830,697 shares during the period.
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.
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