Hsbc Holdings PLC Takes $4.98 Million Position in iShares U.S. Treasury Bond ETF $GOVT

Hsbc Holdings PLC purchased a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 216,159 shares of the company’s stock, valued at approximately $4,977,000.

Several other large investors have also made changes to their positions in GOVT. JPMorgan Chase & Co. raised its position in iShares U.S. Treasury Bond ETF by 366.1% during the fourth quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock valued at $4,491,644,000 after purchasing an additional 153,219,429 shares in the last quarter. Jump Financial LLC bought a new stake in iShares U.S. Treasury Bond ETF during the third quarter worth $1,716,964,000. Bank of America Corp DE boosted its holdings 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 2,261.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock valued at $305,017,000 after purchasing an additional 12,683,472 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 7.1% in the 4th quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock valued at $2,741,988,000 after purchasing an additional 7,886,409 shares in the last quarter.

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

Shares of GOVT opened at $22.85 on Friday. iShares U.S. Treasury Bond ETF has a 52-week low of $22.47 and a 52-week high of $23.39. The business’s fifty day moving average is $22.74 and its 200-day moving average is $22.93.

About iShares U.S. Treasury Bond ETF

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.