Spire Wealth Management Decreases Holdings in iShares U.S. Treasury Bond ETF $GOVT

Spire Wealth Management reduced its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 25.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,492 shares of the company’s stock after selling 16,523 shares during the period. Spire Wealth Management’s holdings in iShares U.S. Treasury Bond ETF were worth $1,137,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GOVT. Envestnet Asset Management Inc. increased its position in shares of iShares U.S. Treasury Bond ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 74,588,153 shares of the company’s stock valued at $1,714,024,000 after buying an additional 470,264 shares in the last quarter. Truist Financial Corp increased its holdings in 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 in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares U.S. Treasury Bond ETF by 3.1% during the 1st quarter. PNC Financial Services Group Inc. now owns 41,036,037 shares of the company’s stock valued at $943,213,000 after acquiring an additional 1,219,217 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in iShares U.S. Treasury Bond ETF by 6.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 25,048,499 shares of the company’s stock worth $570,605,000 after acquiring an additional 1,415,215 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 3.0% in the first quarter. Assetmark Inc. now owns 22,062,337 shares of the company’s stock valued at $507,103,000 after purchasing an additional 652,782 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.0%

GOVT stock opened at $23.20 on Friday. The firm has a 50 day simple moving average of $23.14 and a 200 day simple moving average of $22.90.

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.