Twele Capital Management Inc. trimmed its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT – Free Report) by 90.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 182,200 shares of the company’s stock after selling 1,794,664 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for approximately 0.7% of Twele Capital Management Inc.’s holdings, making the stock its 19th biggest holding. Twele Capital Management Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $3,985,000 as of its most recent SEC filing.
Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE grew its position in iShares U.S. Treasury Bond ETF by 20.3% in the first quarter. Bank of America Corp DE now owns 474,769,940 shares of the company’s stock worth $10,876,979,000 after acquiring an additional 80,062,969 shares in the last quarter. Envestnet Asset Management Inc. raised its position in iShares U.S. Treasury Bond ETF by 8.6% during the second quarter. Envestnet Asset Management Inc. now owns 167,199,210 shares of the company’s stock valued at $3,808,755,000 after purchasing an additional 13,304,992 shares during the period. PNC Financial Services Group Inc. raised its position in iShares U.S. Treasury Bond ETF by 3.3% during the first quarter. PNC Financial Services Group Inc. now owns 54,704,163 shares of the company’s stock valued at $1,253,272,000 after purchasing an additional 1,756,317 shares during the period. Assetmark Inc. raised its position in iShares U.S. Treasury Bond ETF by 4.7% during the first quarter. Assetmark Inc. now owns 26,176,498 shares of the company’s stock valued at $599,704,000 after purchasing an additional 1,186,252 shares during the period. Finally, Cetera Investment Advisers raised its position in iShares U.S. Treasury Bond ETF by 144.8% during the first quarter. Cetera Investment Advisers now owns 10,135,363 shares of the company’s stock valued at $232,201,000 after purchasing an additional 5,995,250 shares during the period.
iShares U.S. Treasury Bond ETF Price Performance
Shares of BATS:GOVT traded up $0.03 during trading on Tuesday, hitting $21.91. The company had a trading volume of 11,515,086 shares, compared to its average volume of 10,722,372. iShares U.S. Treasury Bond ETF has a one year low of $21.73 and a one year high of $23.39. The company has a fifty day simple moving average of $22.23 and a two-hundred day simple moving average of $22.55.
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.
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