Envestnet Portfolio Solutions Inc. Has $195.53 Million Stock Holdings in iShares U.S. Treasury Bond ETF $GOVT

Envestnet Portfolio Solutions Inc. increased its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,583,212 shares of the company’s stock after purchasing an additional 617,450 shares during the quarter. iShares U.S. Treasury Bond ETF makes up 0.9% of Envestnet Portfolio Solutions Inc.’s holdings, making the stock its 27th largest position. Envestnet Portfolio Solutions Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $195,526,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the company. Principal Securities Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF by 37.7% during the 4th quarter. Principal Securities Inc. now owns 775,899 shares of the company’s stock worth $17,865,000 after acquiring an additional 212,482 shares during the last quarter. Prudential PLC raised its stake in iShares U.S. Treasury Bond ETF by 48.7% in the 4th quarter. Prudential PLC now owns 546,882 shares of the company’s stock valued at $12,592,000 after acquiring an additional 179,105 shares during the period. Harbour Investments Inc. lifted its holdings in iShares U.S. Treasury Bond ETF by 110.7% during the 4th quarter. Harbour Investments Inc. now owns 78,574 shares of the company’s stock valued at $1,809,000 after purchasing an additional 41,274 shares during the last quarter. SCS Capital Management LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 5.3% during the 4th quarter. SCS Capital Management LLC now owns 578,537 shares of the company’s stock valued at $13,321,000 after purchasing an additional 28,861 shares during the last quarter. Finally, Marble Wealth LLC bought a new position in iShares U.S. Treasury Bond ETF during the fourth quarter worth $946,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS:GOVT traded down $0.17 on Wednesday, hitting $22.02. The company had a trading volume of 14,129,892 shares, compared to its average volume of 10,428,924. iShares U.S. Treasury Bond ETF has a 1-year low of $21.99 and a 1-year high of $23.39. The stock has a 50 day moving average price of $22.41 and a 200 day moving average price of $22.66.

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.