Wealth Enhancement Trust Services Inc. Invests $1.80 Million in iShares U.S. Treasury Bond ETF $GOVT

Wealth Enhancement Trust Services Inc. purchased a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 78,146 shares of the company’s stock, valued at approximately $1,799,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Jump Financial LLC bought a new stake in iShares U.S. Treasury Bond ETF during the 3rd quarter worth about $1,716,964,000. Bank of America Corp DE boosted its stake in shares of iShares U.S. Treasury Bond ETF by 12.6% in the 3rd 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 last quarter. PNC Financial Services Group Inc. boosted its stake in shares of iShares U.S. Treasury Bond ETF by 17.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 48,268,533 shares of the company’s stock valued at $1,115,968,000 after purchasing an additional 7,111,353 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of iShares U.S. Treasury Bond ETF by 8.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 29,607,758 shares of the company’s stock worth $682,457,000 after buying an additional 2,371,085 shares during the period. Finally, 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 worth $1,772,377,000 after buying an additional 2,071,769 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

GOVT opened at $22.99 on Friday. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.48 and a fifty-two week high of $23.39. The firm has a 50 day simple moving average of $23.03 and a 200 day simple moving average of $23.08.

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.