Elevation Point Wealth Partners LLC Boosts Stake in iShares U.S. Treasury Bond ETF $GOVT

Elevation Point Wealth Partners LLC grew its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 58.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 960,565 shares of the company’s stock after acquiring an additional 353,742 shares during the period. Elevation Point Wealth Partners LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $22,007,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of 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 worth $4,491,644,000 after acquiring an additional 153,219,429 shares during the period. Jump Financial LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth about $1,716,964,000. Bank of America Corp DE raised its holdings in iShares U.S. Treasury Bond ETF by 12.6% during the third quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock worth $8,372,643,000 after purchasing an additional 40,633,910 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares U.S. Treasury Bond ETF by 2,261.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock worth $305,017,000 after acquiring an additional 12,683,472 shares in the last quarter. Finally, LPL Financial LLC lifted 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 during the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.2%

Shares of BATS GOVT opened at $22.69 on Friday. The stock has a 50 day moving average of $22.73 and a two-hundred day moving average of $22.92. iShares U.S. Treasury Bond ETF has a twelve month low of $22.47 and a twelve month high of $23.39.

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.