Sovran Advisors LLC Grows Holdings in iShares U.S. Treasury Bond ETF $GOVT

Sovran Advisors LLC lifted its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 140.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 278,491 shares of the company’s stock after acquiring an additional 162,434 shares during the quarter. Sovran Advisors LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $6,355,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in GOVT. Bank of America Corp DE increased its holdings in iShares U.S. Treasury Bond ETF by 9.0% in the 4th quarter. Bank of America Corp DE now owns 394,706,971 shares of the company’s stock valued at $9,088,128,000 after purchasing an additional 32,568,450 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in 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 purchasing an additional 153,219,429 shares in the last quarter. LPL Financial LLC lifted its stake in iShares U.S. Treasury Bond ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after purchasing an additional 7,886,409 shares in the last quarter. Jump Financial LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the third quarter worth $1,716,964,000. Finally, Truist Financial Corp boosted its position in shares of iShares U.S. Treasury Bond ETF by 3.4% during the fourth quarter. Truist Financial Corp now owns 71,006,495 shares of the company’s stock worth $1,634,925,000 after buying an additional 2,302,272 shares during the period.

iShares U.S. Treasury Bond ETF Trading Down 0.1%

Shares of BATS GOVT traded down $0.02 during trading on Friday, reaching $22.58. The stock had a trading volume of 7,907,536 shares, compared to its average volume of 10,195,545. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.47 and a fifty-two week high of $23.39. The business’s 50-day moving average price is $22.70 and its 200-day moving average price is $22.90.

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.