iShares U.S. Treasury Bond ETF $GOVT Shares Newly Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. bought a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the third quarter, Holdings Channel reports. The fund bought 1,503,633 shares of the company’s stock, valued at approximately $32,884,000.

Several other institutional investors also recently modified their holdings of the business. Bank of America Corp DE boosted its stake in iShares U.S. Treasury Bond ETF by 20.3% during the first quarter. Bank of America Corp DE now owns 474,769,940 shares of the company’s stock worth $10,876,979,000 after acquiring an additional 80,062,969 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares U.S. Treasury Bond ETF by 8.6% during the second quarter. Envestnet Asset Management Inc. now owns 167,199,210 shares of the company’s stock valued at $3,808,755,000 after purchasing an additional 13,304,992 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 3.3% during the first quarter. PNC Financial Services Group Inc. now owns 54,704,163 shares of the company’s stock valued at $1,253,272,000 after purchasing an additional 1,756,317 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 4.7% during the first quarter. Assetmark Inc. now owns 26,176,498 shares of the company’s stock valued at $599,704,000 after purchasing an additional 1,186,252 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 144.8% during the first quarter. Cetera Investment Advisers now owns 10,135,363 shares of the company’s stock valued at $232,201,000 after purchasing an additional 5,995,250 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT opened at $22.31 on Monday. The business’s 50 day moving average price is $22.14 and its 200-day moving average price is $22.64. iShares U.S. Treasury Bond ETF has a 52 week low of $21.73 and a 52 week high of $23.39.

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.