Allworth Financial LP Sells 2,452,183 Shares of iShares U.S. Treasury Bond ETF $GOVT

Allworth Financial LP cut its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 10.5% in the second quarter, HoldingsChannel reports. The fund owned 20,921,820 shares of the company’s stock after selling 2,452,183 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for 2.0% of Allworth Financial LP’s portfolio, making the stock its 9th biggest holding. Allworth Financial LP’s holdings in iShares U.S. Treasury Bond ETF were worth $476,599,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of GOVT. Jane Street Group LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 365.6% during the 1st quarter. Jane Street Group LLC now owns 366,986 shares of the company’s stock worth $8,435,000 after purchasing an additional 288,160 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in iShares U.S. Treasury Bond ETF in the second quarter valued at about $523,000. Peapack Gladstone Financial Corp acquired a new position in iShares U.S. Treasury Bond ETF in the second quarter valued at about $217,000. Raymond James Financial Inc. grew its stake in iShares U.S. Treasury Bond ETF by 48.7% during the second quarter. Raymond James Financial Inc. now owns 2,346,330 shares of the company’s stock worth $53,919,000 after buying an additional 768,431 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares U.S. Treasury Bond ETF by 11.2% during the second quarter. Ameriprise Financial Inc. now owns 5,744,707 shares of the company’s stock worth $132,038,000 after buying an additional 577,005 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS GOVT traded down $0.01 during mid-day trading on Tuesday, hitting $22.34. 5,727,170 shares of the stock were exchanged, compared to its average volume of 10,440,157. iShares U.S. Treasury Bond ETF has a twelve month low of $22.31 and a twelve month high of $23.39. The stock’s fifty day simple moving average is $22.51 and its two-hundred day simple moving average is $22.74.

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.