iShares U.S. Treasury Bond ETF $GOVT Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.3% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 54,704,163 shares of the company’s stock after buying an additional 1,756,317 shares during the period. iShares U.S. Treasury Bond ETF makes up about 0.7% of PNC Financial Services Group Inc.’s investment portfolio, making the stock its 19th largest position. PNC Financial Services Group Inc. owned 4.56% of iShares U.S. Treasury Bond ETF worth $1,253,272,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GOVT. Jane Street Group LLC raised its stake in shares of iShares U.S. Treasury Bond ETF by 365.6% during the first quarter. Jane Street Group LLC now owns 366,986 shares of the company’s stock valued at $8,435,000 after purchasing an additional 288,160 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at $523,000. Peapack Gladstone Financial Corp acquired a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter valued at $217,000. Raymond James Financial Inc. grew its holdings 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 valued at $53,919,000 after purchasing an additional 768,431 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings 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 valued at $132,038,000 after purchasing an additional 577,005 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Down 0.2%

iShares U.S. Treasury Bond ETF stock opened at $22.52 on Wednesday. iShares U.S. Treasury Bond ETF has a 12-month low of $22.47 and a 12-month high of $23.39. The firm’s fifty day moving average price is $22.67 and its 200 day moving average price is $22.88.

About iShares U.S. Treasury Bond ETF

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.