GatePass Capital LLC Takes Position in iShares U.S. Treasury Bond ETF $GOVT

GatePass Capital LLC bought a new position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 30,497 shares of the company’s stock, valued at approximately $699,000.

A number of other hedge funds also recently modified their holdings of the stock. Bank of America Corp DE lifted its position in iShares U.S. Treasury Bond ETF by 9.0% during the fourth quarter. Bank of America Corp DE now owns 394,706,971 shares of the company’s stock worth $9,088,128,000 after purchasing an additional 32,568,450 shares during the period. JPMorgan Chase & Co. raised its position in shares of iShares U.S. Treasury Bond ETF by 366.1% in the 4th quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock valued at $4,491,644,000 after buying an additional 153,219,429 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 7.1% during the 4th quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after acquiring an additional 7,886,409 shares during the period. Jump Financial LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter worth approximately $1,716,964,000. Finally, Truist Financial Corp boosted its position in shares of iShares U.S. Treasury Bond ETF by 3.4% during the 4th quarter. Truist Financial Corp now owns 71,006,495 shares of the company’s stock worth $1,634,925,000 after acquiring an additional 2,302,272 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS:GOVT opened at $22.63 on Friday. The company’s 50 day simple moving average is $22.68 and its 200 day simple moving average is $22.89. iShares U.S. Treasury Bond ETF has a 1 year low of $22.47 and a 1 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.