Sumitomo Mitsui Financial Group Inc. Increases Stock Position in iShares U.S. Treasury Bond ETF $GOVT

Sumitomo Mitsui Financial Group Inc. grew its holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 3.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 691,289 shares of the company’s stock after purchasing an additional 24,438 shares during the quarter. Sumitomo Mitsui Financial Group Inc. owned approximately 0.06% of iShares U.S. Treasury Bond ETF worth $15,976,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. TIAA Trust National Association grew its holdings in iShares U.S. Treasury Bond ETF by 17,484.2% during the 2nd quarter. TIAA Trust National Association now owns 30,751,087 shares of the company’s stock valued at $705,040,000 after buying an additional 30,576,208 shares during the last quarter. Bank of America Corp DE lifted its position 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 valued at $7,388,176,000 after acquiring an additional 8,760,376 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares U.S. Treasury Bond ETF by 17.3% in the third quarter. PNC Financial Services Group Inc. now owns 48,268,533 shares of the company’s stock valued at $1,115,968,000 after acquiring an additional 7,111,353 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of iShares U.S. Treasury Bond ETF by 7.4% during the second quarter. JPMorgan Chase & Co. now owns 40,314,805 shares of the company’s stock valued at $926,434,000 after acquiring an additional 2,794,537 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in iShares U.S. Treasury Bond ETF by 8.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 27,236,673 shares of the company’s stock worth $628,759,000 after purchasing an additional 2,188,174 shares in the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

Shares of GOVT stock opened at $23.31 on Friday. The firm has a 50-day moving average price of $23.08 and a 200 day moving average price of $23.10. iShares U.S. Treasury Bond ETF has a twelve month low of $22.48 and a twelve month high of $23.36.

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.