Bank of America Corp DE Purchases 40,633,910 Shares of iShares U.S. Treasury Bond ETF $GOVT

Bank of America Corp DE boosted its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 12.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 362,138,521 shares of the company’s stock after purchasing an additional 40,633,910 shares during the period. iShares U.S. Treasury Bond ETF comprises 0.6% of Bank of America Corp DE’s portfolio, making the stock its 21st biggest holding. Bank of America Corp DE owned about 30.18% of iShares U.S. Treasury Bond ETF worth $8,372,643,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GOVT. Envestnet Asset Management Inc. grew its position in shares of iShares U.S. Treasury Bond ETF by 2.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 76,659,922 shares of the company’s stock valued at $1,772,377,000 after acquiring an additional 2,071,769 shares during the period. Jump Financial LLC bought a new stake in iShares U.S. Treasury Bond ETF during the third quarter valued at about $1,716,964,000. PNC Financial Services Group Inc. increased its position in iShares U.S. Treasury Bond ETF by 17.3% in the third quarter. PNC Financial Services Group Inc. now owns 48,268,533 shares of the company’s stock worth $1,115,968,000 after buying an additional 7,111,353 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Treasury Bond ETF by 3.8% in the third quarter. JPMorgan Chase & Co. now owns 41,857,399 shares of the company’s stock worth $967,743,000 after buying an additional 1,542,594 shares during the period. Finally, TIAA Trust National Association lifted its position in shares of iShares U.S. Treasury Bond ETF by 6.6% during the 3rd quarter. TIAA Trust National Association now owns 32,786,823 shares of the company’s stock valued at $758,031,000 after buying an additional 2,035,736 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

iShares U.S. Treasury Bond ETF stock opened at $22.92 on Friday. iShares U.S. Treasury Bond ETF has a 12-month low of $22.48 and a 12-month high of $23.39. The firm has a 50 day moving average of $23.10 and a 200 day moving average of $23.12.

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.