Merit Financial Group LLC Increases Stake in iShares U.S. Treasury Bond ETF $GOVT

Merit Financial Group LLC boosted its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 50.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,745,592 shares of the company’s stock after buying an additional 584,451 shares during the period. Merit Financial Group LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $40,114,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of GOVT. Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 3.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 74,117,889 shares of the company’s stock valued at $1,703,600,000 after purchasing an additional 2,589,306 shares during the period. Truist Financial Corp grew its stake in iShares U.S. Treasury Bond ETF by 3.9% in the first quarter. Truist Financial Corp now owns 69,572,378 shares of the company’s stock worth $1,599,121,000 after purchasing an additional 2,615,659 shares during the period. PNC Financial Services Group Inc. raised its holdings in iShares U.S. Treasury Bond ETF by 3.1% in the first quarter. PNC Financial Services Group Inc. now owns 41,036,037 shares of the company’s stock worth $943,213,000 after purchasing an additional 1,219,217 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in iShares U.S. Treasury Bond ETF by 6.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 25,048,499 shares of the company’s stock valued at $570,605,000 after buying an additional 1,415,215 shares during the period. Finally, Assetmark Inc. lifted its position in iShares U.S. Treasury Bond ETF by 3.0% during the first quarter. Assetmark Inc. now owns 22,062,337 shares of the company’s stock valued at $507,103,000 after buying an additional 652,782 shares during the period.

iShares U.S. Treasury Bond ETF Trading Down 0.1%

BATS:GOVT opened at $23.09 on Friday. The stock has a fifty day simple moving average of $23.00 and a 200-day simple moving average of $22.85.

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.