MJT & Associates Financial Advisory Group Inc. Makes New $1.45 Million Investment in iShares U.S. Treasury Bond ETF (BATS:GOVT)

MJT & Associates Financial Advisory Group Inc. purchased a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 62,957 shares of the company’s stock, valued at approximately $1,447,000. iShares U.S. Treasury Bond ETF accounts for approximately 1.4% of MJT & Associates Financial Advisory Group Inc.’s investment portfolio, making the stock its 12th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GOVT. Bank of America Corp DE boosted its position in shares of iShares U.S. Treasury Bond ETF by 12.5% during the 4th quarter. Bank of America Corp DE now owns 423,933,669 shares of the company’s stock valued at $9,741,996,000 after acquiring an additional 47,213,558 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF by 3.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 74,117,889 shares of the company’s stock valued at $1,703,600,000 after acquiring an additional 2,589,306 shares during the last quarter. Truist Financial Corp boosted its position in shares of iShares U.S. Treasury Bond ETF by 3.9% during the 1st quarter. Truist Financial Corp now owns 69,572,378 shares of the company’s stock valued at $1,599,121,000 after acquiring an additional 2,615,659 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 9.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 23,633,284 shares of the company’s stock valued at $543,211,000 after acquiring an additional 2,019,524 shares during the last quarter. Finally, Assetmark Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF by 3.0% during the 1st quarter. Assetmark Inc. now owns 22,062,337 shares of the company’s stock valued at $507,103,000 after acquiring an additional 652,782 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

BATS:GOVT opened at $22.79 on Monday. The firm’s fifty day moving average is $22.72 and its two-hundred day moving average is $22.73.

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.