iShares U.S. Treasury Bond ETF $GOVT Shares Sold by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. lowered its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 29.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,387,013 shares of the company’s stock after selling 588,516 shares during the period. iShares U.S. Treasury Bond ETF makes up about 1.8% of McKinley Carter Wealth Services Inc.’s investment portfolio, making the stock its 11th largest position. McKinley Carter Wealth Services Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $31,936,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bank of America Corp DE grew its holdings in shares of iShares U.S. Treasury Bond ETF by 12.6% during the third quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock worth $8,372,643,000 after buying an additional 40,633,910 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of 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 buying an additional 2,071,769 shares during the last quarter. Jump Financial LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter worth about $1,716,964,000. Truist Financial Corp grew 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 buying an additional 2,302,272 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 17.3% during 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 during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT opened at $22.57 on Tuesday. iShares U.S. Treasury Bond ETF has a twelve month low of $22.48 and a twelve month high of $23.39. The stock’s 50 day moving average is $22.87 and its two-hundred day moving average is $23.03.

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.