Cambridge Associates LLC MA ADV Trims Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Cambridge Associates LLC MA ADV lowered its stake in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 87.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 82,896 shares of the company’s stock after selling 561,974 shares during the period. Cambridge Associates LLC MA ADV’s holdings in iShares U.S. Treasury Bond ETF were worth $1,909,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of GOVT. JPMorgan Chase & Co. raised its stake in shares of iShares U.S. Treasury Bond ETF by 366.1% during 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 during the last quarter. Jump Financial LLC purchased a new position in shares of iShares U.S. Treasury Bond ETF during the 3rd quarter valued at about $1,716,964,000. Bank of America Corp DE raised its stake in shares of iShares U.S. Treasury Bond ETF by 12.6% during the 3rd quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock valued at $8,372,643,000 after buying an additional 40,633,910 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares U.S. Treasury Bond ETF by 2,261.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock valued at $305,017,000 after buying an additional 12,683,472 shares during the last quarter. Finally, LPL Financial LLC raised its stake 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 valued at $2,741,988,000 after buying an additional 7,886,409 shares during the last quarter.

iShares U.S. Treasury Bond ETF Trading Up 0.1%

BATS GOVT opened at $22.76 on Wednesday. The stock has a 50-day simple moving average of $22.77 and a two-hundred day simple moving average of $22.95. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.47 and a fifty-two week high of $23.39.

About iShares U.S. Treasury Bond ETF

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.