iShares U.S. Treasury Bond ETF $GOVT Shares Bought by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 54,704,163 shares of the company’s stock after buying an additional 1,756,317 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for about 0.7% of PNC Financial Services Group Inc.’s investment portfolio, making the stock its 19th largest holding. PNC Financial Services Group Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,253,272,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BTG Pactual Asset Management US LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in iShares U.S. Treasury Bond ETF by 477.8% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,225 shares of the company’s stock valued at $28,000 after acquiring an additional 1,013 shares during the last quarter. Toronto Dominion Bank bought a new position in iShares U.S. Treasury Bond ETF during the 4th quarter valued at $29,000. Raleigh Capital Management Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 1,593.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,456 shares of the company’s stock worth $34,000 after acquiring an additional 1,370 shares in the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in iShares U.S. Treasury Bond ETF during the 4th quarter worth $40,000.

iShares U.S. Treasury Bond ETF Price Performance

GOVT opened at $22.52 on Wednesday. The company has a 50-day moving average of $22.67 and a 200-day moving average of $22.88. iShares U.S. Treasury Bond ETF has a 1-year low of $22.47 and a 1-year high of $23.39.

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.