Park Avenue Securities LLC Acquires 6,704,152 Shares of iShares U.S. Treasury Bond ETF $GOVT

Park Avenue Securities LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the third quarter, HoldingsChannel reports. The fund acquired 6,704,152 shares of the company’s stock, valued at approximately $146,620,000. iShares U.S. Treasury Bond ETF accounts for about 0.9% of Park Avenue Securities LLC’s investment portfolio, making the stock its 20th largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in iShares U.S. Treasury Bond ETF by 20.3% in the first quarter. Bank of America Corp DE now owns 474,769,940 shares of the company’s stock valued at $10,876,979,000 after purchasing an additional 80,062,969 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares U.S. Treasury Bond ETF by 8.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 167,199,210 shares of the company’s stock worth $3,808,755,000 after purchasing an additional 13,304,992 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of iShares U.S. Treasury Bond ETF by 144.8% during the 1st quarter. Cetera Investment Advisers now owns 10,135,363 shares of the company’s stock worth $232,201,000 after purchasing an additional 5,995,250 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of iShares U.S. Treasury Bond ETF by 211.2% during the 1st quarter. Bank of New York Mellon Corp now owns 6,702,133 shares of the company’s stock worth $153,546,000 after purchasing an additional 4,548,373 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 347.1% during the 1st quarter. NewEdge Advisors LLC now owns 2,838,987 shares of the company’s stock worth $65,041,000 after purchasing an additional 2,203,995 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.1%

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.22 on Tuesday. iShares U.S. Treasury Bond ETF has a 52-week low of $21.73 and a 52-week high of $23.39. The stock has a 50-day simple moving average of $22.16 and a 200-day simple moving average of $22.66.

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.