iShares U.S. Treasury Bond ETF (BATS:GOVT) Stock Position Boosted by Truist Financial Corp

Truist Financial Corp lifted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.9% during the first quarter, HoldingsChannel.com reports. The fund owned 69,572,378 shares of the company’s stock after purchasing an additional 2,615,659 shares during the quarter. iShares U.S. Treasury Bond ETF makes up 2.6% of Truist Financial Corp’s holdings, making the stock its 3rd largest position. Truist Financial Corp owned approximately 0.06% of iShares U.S. Treasury Bond ETF worth $1,599,121,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GOVT. OLD Point Trust & Financial Services N A purchased a new position in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth approximately $26,000. Dogwood Wealth Management LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth $27,000. Abound Wealth Management acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the first quarter worth $27,000. Ameriflex Group Inc. acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth $29,000. Finally, Frazier Financial Advisors LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF during the fourth quarter worth $30,000.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS GOVT opened at $22.78 on Friday. The business’s fifty day moving average is $22.75 and its two-hundred day moving average is $22.70.

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.