Lockheed Martin Investment Management Co. Boosts Holdings in iShares U.S. Treasury Bond ETF $GOVT

Lockheed Martin Investment Management Co. boosted its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 31.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,250,000 shares of the company’s stock after acquiring an additional 300,000 shares during the period. iShares U.S. Treasury Bond ETF comprises 1.1% of Lockheed Martin Investment Management Co.’s portfolio, making the stock its 28th largest holding. Lockheed Martin Investment Management Co. owned approximately 0.10% of iShares U.S. Treasury Bond ETF worth $28,900,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of iShares U.S. Treasury Bond ETF by 2.8% in the second quarter. Bank of America Corp DE now owns 321,504,611 shares of the company’s stock worth $7,388,176,000 after acquiring an additional 8,760,376 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 0.6% during the second quarter. Envestnet Asset Management Inc. now owns 74,588,153 shares of the company’s stock valued at $1,714,024,000 after buying an additional 470,264 shares during the period. PNC Financial Services Group Inc. boosted its position in iShares U.S. Treasury Bond ETF by 0.3% during the second quarter. PNC Financial Services Group Inc. now owns 41,157,180 shares of the company’s stock worth $945,792,000 after acquiring an additional 121,143 shares during the last quarter. JPMorgan Chase & Co. grew its stake in iShares U.S. Treasury Bond ETF by 7.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 40,314,805 shares of the company’s stock worth $926,434,000 after acquiring an additional 2,794,537 shares during the period. Finally, TIAA Trust National Association raised its holdings in iShares U.S. Treasury Bond ETF by 17,484.2% in the 2nd quarter. TIAA Trust National Association now owns 30,751,087 shares of the company’s stock valued at $705,040,000 after acquiring an additional 30,576,208 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $23.01 on Friday. The business’s 50-day simple moving average is $23.09 and its two-hundred day simple moving average is $23.04.

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.