GenTrust LLC Invests $4.09 Million in iShares U.S. Treasury Bond ETF $GOVT

GenTrust LLC bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 177,831 shares of the company’s stock, valued at approximately $4,087,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its stake in iShares U.S. Treasury Bond ETF by 3.6% in the first quarter. Envestnet Asset Management Inc. now owns 74,117,889 shares of the company’s stock valued at $1,703,600,000 after purchasing an additional 2,589,306 shares during the last quarter. Truist Financial Corp increased its stake in iShares U.S. Treasury Bond ETF by 3.9% in the first quarter. Truist Financial Corp now owns 69,572,378 shares of the company’s stock valued at $1,599,121,000 after purchasing an additional 2,615,659 shares during the last quarter. PNC Financial Services Group Inc. grew its position in iShares U.S. Treasury Bond ETF by 3.1% during the first quarter. PNC Financial Services Group Inc. now owns 41,036,037 shares of the company’s stock valued at $943,213,000 after acquiring an additional 1,219,217 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of iShares U.S. Treasury Bond ETF by 6.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 25,048,499 shares of the company’s stock worth $570,605,000 after buying an additional 1,415,215 shares during the period. Finally, Assetmark Inc. boosted its position in shares of iShares U.S. Treasury Bond ETF by 3.0% in the first quarter. Assetmark Inc. now owns 22,062,337 shares of the company’s stock worth $507,103,000 after buying an additional 652,782 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT opened at $23.29 on Friday. The company’s 50-day moving average price is $23.09 and its 200 day moving average price is $22.88.

iShares U.S. Treasury Bond ETF Company 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.