Renaissance Technologies LLC Buys New Position in iShares U.S. Treasury Bond ETF $GOVT

Renaissance Technologies LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 129,800 shares of the company’s stock, valued at approximately $2,974,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jane Street Group LLC lifted its holdings in iShares U.S. Treasury Bond ETF by 365.6% in the first quarter. Jane Street Group LLC now owns 366,986 shares of the company’s stock valued at $8,435,000 after buying an additional 288,160 shares during the period. Qube Research & Technologies Ltd acquired a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter worth about $523,000. Peapack Gladstone Financial Corp acquired a new stake in iShares U.S. Treasury Bond ETF during the 2nd quarter worth about $217,000. Raymond James Financial Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 48.7% in the 2nd quarter. Raymond James Financial Inc. now owns 2,346,330 shares of the company’s stock worth $53,919,000 after acquiring an additional 768,431 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of iShares U.S. Treasury Bond ETF by 11.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 5,744,707 shares of the company’s stock worth $132,038,000 after acquiring an additional 577,005 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of BATS:GOVT opened at $22.49 on Friday. iShares U.S. Treasury Bond ETF has a 1 year low of $22.40 and a 1 year high of $23.39. The business’s 50-day moving average is $22.63 and its 200-day moving average is $22.83.

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.