NewEdge Advisors LLC Raises Stake in iShares U.S. Treasury Bond ETF $GOVT

NewEdge Advisors LLC increased its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 190.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,841,277 shares of the company’s stock after buying an additional 1,206,285 shares during the period. iShares U.S. Treasury Bond ETF comprises 0.8% of NewEdge Advisors LLC’s portfolio, making the stock its 19th largest holding. NewEdge Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $42,184,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of GOVT. Bank of America Corp DE grew its stake in iShares U.S. Treasury Bond ETF by 20.3% in the 1st quarter. Bank of America Corp DE now owns 474,769,940 shares of the company’s stock worth $10,876,979,000 after acquiring an additional 80,062,969 shares during the period. JPMorgan Chase & Co. lifted 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 period. LPL Financial LLC lifted its stake 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 worth $2,741,988,000 after purchasing an additional 7,886,409 shares during the period. Jump Financial LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the third quarter worth $1,716,964,000. Finally, Truist Financial Corp boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 3.4% during the fourth quarter. Truist Financial Corp now owns 71,006,495 shares of the company’s stock worth $1,634,925,000 after purchasing an additional 2,302,272 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.4%

iShares U.S. Treasury Bond ETF stock opened at $22.50 on Thursday. The stock has a fifty day moving average price of $22.66 and a 200 day moving average price of $22.86. iShares U.S. Treasury Bond ETF has a 52 week low of $22.43 and a 52 week high of $23.39.

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.