Destiny Wealth Partners LLC Trims Stake in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Destiny Wealth Partners LLC lessened its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 2.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 23,455 shares of the company’s stock after selling 575 shares during the quarter. Destiny Wealth Partners LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $539,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. LPL Financial LLC increased its stake in iShares U.S. Treasury Bond ETF by 3.4% in the third quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock valued at $2,527,054,000 after acquiring an additional 3,525,851 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares U.S. Treasury Bond ETF by 7.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock valued at $858,874,000 after purchasing an additional 2,642,472 shares during the last quarter. Allworth Financial LP increased its position in shares of iShares U.S. Treasury Bond ETF by 2.6% during the 3rd quarter. Allworth Financial LP now owns 28,799,490 shares of the company’s stock valued at $675,348,000 after purchasing an additional 735,803 shares during the last quarter. Assetmark Inc. lifted its position in iShares U.S. Treasury Bond ETF by 3.6% in the 3rd quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock worth $431,936,000 after buying an additional 639,816 shares during the last quarter. Finally, Mutual Advisors LLC boosted its stake in iShares U.S. Treasury Bond ETF by 18.2% in the fourth quarter. Mutual Advisors LLC now owns 11,332,555 shares of the company’s stock worth $254,473,000 after buying an additional 1,741,584 shares in the last quarter.

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

Shares of BATS GOVT opened at $22.58 on Friday. The company’s 50 day simple moving average is $22.60 and its 200 day simple moving average is $22.92.

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.