Concurrent Investment Advisors LLC Buys 326,103 Shares of iShares U.S. Treasury Bond ETF $GOVT

Concurrent Investment Advisors LLC increased its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 113.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 613,825 shares of the company’s stock after acquiring an additional 326,103 shares during the period. Concurrent Investment Advisors LLC owned 0.05% of iShares U.S. Treasury Bond ETF worth $13,983,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GOVT. Bank of America Corp DE boosted its holdings 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 valued at $10,876,979,000 after purchasing an additional 80,062,969 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 366.1% during the fourth quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock valued at $4,491,644,000 after acquiring an additional 153,219,429 shares during the period. LPL Financial LLC grew its stake in iShares U.S. Treasury Bond ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after buying an additional 7,886,409 shares during the last quarter. Jump Financial LLC acquired a new stake in iShares U.S. Treasury Bond ETF during the 3rd quarter valued at $1,716,964,000. Finally, PNC Financial Services Group Inc. lifted its position in iShares U.S. Treasury Bond ETF by 3.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 54,704,163 shares of the company’s stock worth $1,253,272,000 after buying an additional 1,756,317 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

iShares U.S. Treasury Bond ETF stock opened at $22.35 on Friday. The company’s 50-day moving average is $22.52 and its two-hundred day moving average is $22.75. iShares U.S. Treasury Bond ETF has a 1 year low of $22.31 and a 1 year high of $23.39.

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.