SteelPeak Wealth LLC Has $4.15 Million Position in iShares U.S. Treasury Bond ETF $GOVT

SteelPeak Wealth LLC cut its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 0.4% during the second quarter, Holdings Channel reports. The fund owned 180,386 shares of the company’s stock after selling 744 shares during the quarter. SteelPeak Wealth LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $4,145,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 3.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 74,117,889 shares of the company’s stock valued at $1,703,600,000 after buying an additional 2,589,306 shares in the last quarter. Truist Financial Corp grew its holdings in iShares U.S. Treasury Bond ETF by 3.9% in the 1st quarter. Truist Financial Corp now owns 69,572,378 shares of the company’s stock valued at $1,599,121,000 after buying an additional 2,615,659 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 3.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 41,036,037 shares of the company’s stock valued at $943,213,000 after buying an additional 1,219,217 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in iShares U.S. Treasury Bond ETF by 6.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 25,048,499 shares of the company’s stock valued at $570,605,000 after buying an additional 1,415,215 shares in the last quarter. Finally, Assetmark Inc. grew its holdings in iShares U.S. Treasury Bond ETF by 3.0% in the 1st quarter. Assetmark Inc. now owns 22,062,337 shares of the company’s stock valued at $507,103,000 after buying an additional 652,782 shares in the last quarter.

iShares U.S. Treasury Bond ETF Trading Down 0.2%

Shares of BATS GOVT opened at $23.04 on Tuesday. The firm has a 50 day moving average price of $23.00 and a two-hundred day moving average price of $22.86.

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.