Sovran Advisors LLC Increases Stock Holdings in iShares U.S. Treasury Bond ETF $GOVT

Sovran Advisors LLC increased its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 140.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 278,491 shares of the company’s stock after purchasing an additional 162,434 shares during the period. Sovran Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $6,355,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of GOVT. JPMorgan Chase & Co. grew its stake in shares of iShares U.S. Treasury Bond ETF by 366.1% in the 4th quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock valued at $4,491,644,000 after buying an additional 153,219,429 shares during the period. Jump Financial LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at approximately $1,716,964,000. Bank of America Corp DE lifted its holdings in iShares U.S. Treasury Bond ETF by 12.6% in the third quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock valued at $8,372,643,000 after acquiring an additional 40,633,910 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares U.S. Treasury Bond ETF by 2,261.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock worth $305,017,000 after acquiring an additional 12,683,472 shares during the period. Finally, LPL Financial LLC grew its position in iShares U.S. Treasury Bond ETF by 7.1% in the fourth quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after acquiring an additional 7,886,409 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

GOVT stock traded down $0.02 during midday trading on Friday, hitting $22.58. 7,907,536 shares of the company’s stock were exchanged, compared to its average volume of 10,195,545. iShares U.S. Treasury Bond ETF has a 1-year low of $22.47 and a 1-year high of $23.39. The business has a 50-day simple moving average of $22.70 and a two-hundred day simple moving average of $22.90.

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.