PAX Financial Group LLC Buys 276,782 Shares of iShares U.S. Treasury Bond ETF $GOVT

PAX Financial Group LLC lifted its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 602.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 322,741 shares of the company’s stock after buying an additional 276,782 shares during the period. iShares U.S. Treasury Bond ETF makes up approximately 1.3% of PAX Financial Group LLC’s holdings, making the stock its 24th largest holding. PAX Financial Group LLC’s holdings in iShares U.S. Treasury Bond ETF were worth $7,394,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. boosted its holdings in 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 acquiring an additional 153,219,429 shares during the period. Jump Financial LLC bought a new position in iShares U.S. Treasury Bond ETF during the 3rd quarter worth approximately $1,716,964,000. Bank of America Corp DE increased its stake in iShares U.S. Treasury Bond ETF by 12.6% in the 3rd quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock worth $8,372,643,000 after purchasing an additional 40,633,910 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in iShares U.S. Treasury Bond ETF by 2,261.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock worth $305,017,000 after purchasing an additional 12,683,472 shares during the period. Finally, LPL Financial LLC increased its stake in iShares U.S. Treasury Bond ETF by 7.1% in the 4th quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after purchasing an additional 7,886,409 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT stock opened at $22.69 on Friday. iShares U.S. Treasury Bond ETF has a fifty-two week low of $22.47 and a fifty-two week high of $23.39. The stock has a 50 day moving average price of $22.72 and a two-hundred day moving average price of $22.92.

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.