Key Financial Inc Raises Stake in iShares U.S. Treasury Bond ETF $GOVT

Key Financial Inc grew its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 4.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 705,441 shares of the company’s stock after acquiring an additional 31,122 shares during the period. iShares U.S. Treasury Bond ETF accounts for approximately 3.0% of Key Financial Inc’s investment portfolio, making the stock its 5th biggest holding. Key Financial Inc’s holdings in iShares U.S. Treasury Bond ETF were worth $16,243,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Bank of America Corp DE raised its position in shares of iShares U.S. Treasury Bond ETF by 12.6% in the third quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock valued at $8,372,643,000 after purchasing an additional 40,633,910 shares during the period. Envestnet Asset Management Inc. increased its position in iShares U.S. Treasury Bond ETF by 2.8% during the third quarter. Envestnet Asset Management Inc. now owns 76,659,922 shares of the company’s stock worth $1,772,377,000 after acquiring an additional 2,071,769 shares during the period. Jump Financial LLC bought a new position in iShares U.S. Treasury Bond ETF during the third quarter worth about $1,716,964,000. Truist Financial Corp increased its position in 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 acquiring an additional 2,302,272 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in iShares U.S. Treasury Bond ETF by 9.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 52,947,846 shares of the company’s stock worth $1,219,124,000 after acquiring an additional 4,679,313 shares during the period.

iShares U.S. Treasury Bond ETF Stock Up 0.2%

BATS:GOVT opened at $22.70 on Wednesday. iShares U.S. Treasury Bond ETF has a 52 week low of $22.47 and a 52 week high of $23.39. The firm’s 50-day simple moving average is $22.82 and its 200 day simple moving average is $23.00.

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.