Coordinated Financial Services Inc. Buys Shares of 109,629 iShares U.S. Treasury Bond ETF $GOVT

Coordinated Financial Services Inc. bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the second quarter, Holdings Channel.com reports. The firm bought 109,629 shares of the company’s stock, valued at approximately $2,519,000. iShares U.S. Treasury Bond ETF makes up approximately 1.7% of Coordinated Financial Services Inc.’s holdings, making the stock its 10th largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its position in iShares U.S. Treasury Bond ETF by 3.6% in the first quarter. Envestnet Asset Management Inc. now owns 74,117,889 shares of the company’s stock valued at $1,703,600,000 after buying an additional 2,589,306 shares in the last quarter. Truist Financial Corp boosted its position 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 valued at $1,599,121,000 after buying an additional 2,615,659 shares in the last quarter. PNC Financial Services Group Inc. boosted its position 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 valued at $943,213,000 after buying an additional 1,219,217 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in iShares U.S. Treasury Bond ETF by 6.0% in 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 in the last quarter. Finally, Assetmark Inc. raised its stake in shares of 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 acquiring an additional 652,782 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Down 0.0%

GOVT stock opened at $23.08 on Friday. The company’s 50-day simple moving average is $23.02 and its two-hundred day simple moving average is $22.86.

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.