Mather Group LLC. Makes New Investment in iShares U.S. Treasury Bond ETF $GOVT

Mather Group LLC. bought a new stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 187,996 shares of the company’s stock, valued at approximately $4,111,000.

Several other hedge funds and other institutional investors have also made changes to their positions in GOVT. Bank of America Corp DE boosted its position in iShares U.S. Treasury Bond ETF by 20.3% during the 1st quarter. Bank of America Corp DE now owns 474,769,940 shares of the company’s stock worth $10,876,979,000 after purchasing an additional 80,062,969 shares during the period. Envestnet Asset Management Inc. raised its position in iShares U.S. Treasury Bond ETF by 8.6% in 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 during the period. PNC Financial Services Group Inc. raised its position in iShares U.S. Treasury Bond ETF by 3.3% in 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 period. Assetmark Inc. lifted its stake 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 worth $599,704,000 after purchasing an additional 1,186,252 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake 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 worth $232,201,000 after purchasing an additional 5,995,250 shares in the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of GOVT opened at $22.05 on Friday. iShares U.S. Treasury Bond ETF has a 12 month low of $21.73 and a 12 month high of $23.39. The stock’s 50-day moving average is $22.20 and its two-hundred day moving average is $22.53.

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.