Envestnet Asset Management Inc. Has $1.64 Billion Stock Position in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Envestnet Asset Management Inc. raised its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,528,583 shares of the company’s stock after purchasing an additional 3,539,745 shares during the quarter. Envestnet Asset Management Inc. owned 6.33% of iShares U.S. Treasury Bond ETF worth $1,643,727,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LPL Financial LLC lifted its stake in iShares U.S. Treasury Bond ETF by 5.0% in the 4th quarter. LPL Financial LLC now owns 113,104,408 shares of the company’s stock valued at $2,599,139,000 after purchasing an additional 5,340,900 shares during the last quarter. Truist Financial Corp lifted its stake in shares of iShares U.S. Treasury Bond ETF by 2.4% in the 4th quarter. Truist Financial Corp now owns 66,956,719 shares of the company’s stock valued at $1,538,665,000 after acquiring an additional 1,543,834 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 343.4% during the 4th quarter. JPMorgan Chase & Co. now owns 49,365,745 shares of the company’s stock valued at $1,134,425,000 after acquiring an additional 38,232,721 shares in the last quarter. PNC Financial Services Group Inc. grew its position in iShares U.S. Treasury Bond ETF by 8.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 39,816,820 shares of the company’s stock worth $914,991,000 after acquiring an additional 3,191,079 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in iShares U.S. Treasury Bond ETF by 15.4% in the 4th quarter. Allworth Financial LP now owns 33,236,595 shares of the company’s stock worth $747,159,000 after purchasing an additional 4,437,105 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Up 0.2 %

iShares U.S. Treasury Bond ETF stock opened at $23.17 on Friday. The company has a 50 day moving average price of $22.76 and a 200-day moving average price of $22.79.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.0613 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.