iShares U.S. Treasury Bond ETF $GOVT Stock Position Raised by BCGM Wealth Management LLC

BCGM Wealth Management LLC grew its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1,631.0% in the 1st quarter, Holdings Channel reports. The institutional investor owned 269,727 shares of the company’s stock after acquiring an additional 254,145 shares during the period. iShares U.S. Treasury Bond ETF accounts for approximately 1.6% of BCGM Wealth Management LLC’s investment portfolio, making the stock its 16th biggest holding. BCGM Wealth Management LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $6,179,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Bank of America Corp DE lifted its stake in iShares U.S. Treasury Bond ETF by 9.0% in the fourth quarter. Bank of America Corp DE now owns 394,706,971 shares of the company’s stock valued at $9,088,128,000 after acquiring an additional 32,568,450 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of iShares U.S. Treasury Bond ETF by 366.1% during the 4th quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock worth $4,491,644,000 after purchasing an additional 153,219,429 shares during the last quarter. LPL Financial LLC raised its holdings in shares of iShares U.S. Treasury Bond ETF by 7.1% during the 4th quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock valued at $2,741,988,000 after purchasing an additional 7,886,409 shares in the last quarter. Jump Financial LLC bought a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at $1,716,964,000. Finally, Truist Financial Corp lifted its stake in shares of iShares U.S. Treasury Bond ETF by 3.4% in the 4th quarter. Truist Financial Corp now owns 71,006,495 shares of the company’s stock valued at $1,634,925,000 after purchasing an additional 2,302,272 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Down 0.0%

GOVT stock opened at $22.60 on Friday. iShares U.S. Treasury Bond ETF has a 1 year low of $22.47 and a 1 year high of $23.39. The company has a fifty day simple moving average of $22.68 and a 200 day simple moving average of $22.89.

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.