Envestnet Portfolio Solutions Inc. Increases Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Envestnet Portfolio Solutions Inc. grew its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,485,968 shares of the company’s stock after purchasing an additional 40,237 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.13% of iShares U.S. Treasury Bond ETF worth $34,148,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in GOVT. Franklin Resources Inc. increased its stake in shares of iShares U.S. Treasury Bond ETF by 5.3% in the 3rd quarter. Franklin Resources Inc. now owns 27,228 shares of the company’s stock valued at $626,000 after purchasing an additional 1,380 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in iShares U.S. Treasury Bond ETF by 9.0% in the fourth quarter. Bank of New York Mellon Corp now owns 1,484,339 shares of the company’s stock valued at $34,110,000 after purchasing an additional 122,353 shares during the period. Allspring Global Investments Holdings LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 2.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 334,455 shares of the company’s stock valued at $7,686,000 after buying an additional 8,101 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares U.S. Treasury Bond ETF during the 4th quarter worth approximately $759,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of 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 valued at $914,991,000 after buying an additional 3,191,079 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

iShares U.S. Treasury Bond ETF stock opened at $22.82 on Friday. The company has a 50-day moving average of $22.61 and a two-hundred day moving average of $22.85.

iShares U.S. Treasury Bond ETF Cuts Dividend

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

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.