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

PNC Financial Services Group Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 9.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,947,846 shares of the company’s stock after buying an additional 4,679,313 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for approximately 0.7% of PNC Financial Services Group Inc.’s investment portfolio, making the stock its 20th largest position. PNC Financial Services Group Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,219,124,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. BTG Pactual Asset Management US LLC acquired a new stake in iShares U.S. Treasury Bond ETF in the 3rd quarter valued at about $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF by 477.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock valued at $28,000 after purchasing an additional 1,013 shares in the last quarter. Lowe Brockenbrough & Co. Inc. acquired a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth approximately $29,000. Hantz Financial Services Inc. acquired a new position in shares of iShares U.S. Treasury Bond ETF in the 3rd quarter worth approximately $32,000. Finally, Raleigh Capital Management Inc. raised its holdings in shares of iShares U.S. Treasury Bond ETF by 1,593.0% in the 4th quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock worth $34,000 after purchasing an additional 1,370 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

GOVT stock opened at $22.50 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 has a 50 day simple moving average of $22.86 and a 200 day simple moving average of $23.02.

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.