Truist Financial Corp Raises Holdings in iShares U.S. Treasury Bond ETF $GOVT

Truist Financial Corp grew its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 71,006,495 shares of the company’s stock after buying an additional 2,302,272 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for approximately 2.2% of Truist Financial Corp’s investment portfolio, making the stock its 6th biggest holding. Truist Financial Corp owned approximately 0.06% of iShares U.S. Treasury Bond ETF worth $1,634,925,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Merit Financial Group LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 57.7% in the third quarter. Merit Financial Group LLC now owns 2,753,378 shares of the company’s stock valued at $63,658,000 after purchasing an additional 1,007,786 shares in the last quarter. Dynasty Wealth Management LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 107.7% in the third quarter. Dynasty Wealth Management LLC now owns 220,546 shares of the company’s stock valued at $5,099,000 after purchasing an additional 114,355 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 9.0% in the third quarter. Geneos Wealth Management Inc. now owns 865,293 shares of the company’s stock valued at $20,006,000 after purchasing an additional 71,185 shares in the last quarter. Bailard Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 14.7% in the third quarter. Bailard Inc. now owns 1,559,396 shares of the company’s stock valued at $36,053,000 after purchasing an additional 200,018 shares in the last quarter. Finally, Cerity Partners OCIO LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 4.3% in the third quarter. Cerity Partners OCIO LLC now owns 534,247 shares of the company’s stock valued at $12,352,000 after purchasing an additional 22,251 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.77 on Monday. The stock’s 50-day moving average is $22.97 and its 200-day moving average is $23.07. iShares U.S. Treasury Bond ETF has a one year low of $22.48 and a one year 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.