Envestnet Portfolio Solutions Inc. Sells 428,517 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Envestnet Portfolio Solutions Inc. lowered its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 28.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,057,451 shares of the company’s stock after selling 428,517 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $24,306,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. OLD Point Trust & Financial Services N A bought a new stake in iShares U.S. Treasury Bond ETF in the 4th quarter worth about $26,000. Union Bancaire Privee UBP SA purchased a new position in shares of iShares U.S. Treasury Bond ETF in the 4th quarter worth approximately $25,000. Abound Wealth Management bought a new position in shares of iShares U.S. Treasury Bond ETF in the first quarter valued at approximately $27,000. Dogwood Wealth Management LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $27,000. Finally, Ameriflex Group Inc. purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter valued at approximately $29,000.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.75 on Thursday. The stock’s 50 day simple moving average is $22.73 and its two-hundred day simple moving average is $22.70.

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.