Prudential PLC Grows Position in iShares U.S. Treasury Bond ETF $GOVT

Prudential PLC increased its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1,377.9% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 871,946 shares of the company’s stock after buying an additional 812,946 shares during the quarter. Prudential PLC owned about 0.07% of iShares U.S. Treasury Bond ETF worth $20,037,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of GOVT. Envestnet Asset Management Inc. grew its stake in shares of iShares U.S. Treasury Bond ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 74,588,153 shares of the company’s stock worth $1,714,024,000 after acquiring an additional 470,264 shares during the period. PNC Financial Services Group Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 0.3% in the second quarter. PNC Financial Services Group Inc. now owns 41,157,180 shares of the company’s stock worth $945,792,000 after purchasing an additional 121,143 shares during the last quarter. TIAA Trust National Association grew its position in iShares U.S. Treasury Bond ETF by 17,484.2% in the 2nd 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 during the period. Wealth Enhancement Advisory Services LLC raised its stake in iShares U.S. Treasury Bond ETF by 6.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 25,048,499 shares of the company’s stock valued at $570,605,000 after buying an additional 1,415,215 shares during the last quarter. Finally, Assetmark Inc. raised its stake in iShares U.S. Treasury Bond ETF by 1.9% during the 2nd quarter. Assetmark Inc. now owns 22,476,986 shares of the company’s stock valued at $516,521,000 after buying an additional 414,649 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.0%

GOVT stock opened at $23.12 on Thursday. The business has a 50-day moving average price of $23.17 and a two-hundred day moving average price of $22.93.

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.