Key Financial Inc Has $13.98 Million Position in iShares U.S. Treasury Bond ETF $GOVT

Key Financial Inc boosted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 608,341 shares of the company’s stock after purchasing an additional 5,817 shares during the period. iShares U.S. Treasury Bond ETF comprises 2.8% of Key Financial Inc’s portfolio, making the stock its 6th biggest holding. Key Financial Inc owned about 0.05% of iShares U.S. Treasury Bond ETF worth $13,980,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp lifted its stake in iShares U.S. Treasury Bond ETF by 45.6% during the second quarter. Bank of New York Mellon Corp now owns 2,119,146 shares of the company’s stock worth $48,698,000 after purchasing an additional 663,212 shares during the period. Snider Financial Group lifted its stake in iShares U.S. Treasury Bond ETF by 1.4% during the second quarter. Snider Financial Group now owns 627,613 shares of the company’s stock worth $14,423,000 after purchasing an additional 8,499 shares during the period. MMA Asset Management LLC lifted its stake in iShares U.S. Treasury Bond ETF by 92.1% during the second quarter. MMA Asset Management LLC now owns 540,907 shares of the company’s stock worth $12,430,000 after purchasing an additional 259,368 shares during the period. 5T Wealth LLC lifted its stake in iShares U.S. Treasury Bond ETF by 2.2% during the second quarter. 5T Wealth LLC now owns 33,592 shares of the company’s stock worth $772,000 after purchasing an additional 716 shares during the period. Finally, TIAA Trust National Association lifted its stake in iShares U.S. Treasury Bond ETF by 17,484.2% during the second quarter. TIAA Trust National Association now owns 30,751,087 shares of the company’s stock worth $705,040,000 after purchasing an additional 30,576,208 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

BATS:GOVT opened at $23.12 on Tuesday. The firm has a 50-day moving average price of $23.14 and a 200 day moving average price of $22.91.

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.