Mill Creek Capital Advisors LLC Raises Holdings in iShares U.S. Treasury Bond ETF $GOVT

Mill Creek Capital Advisors LLC increased its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,955,330 shares of the company’s stock after acquiring an additional 360,501 shares during the quarter. iShares U.S. Treasury Bond ETF makes up about 2.3% of Mill Creek Capital Advisors LLC’s holdings, making the stock its 7th largest position. Mill Creek Capital Advisors LLC owned about 0.41% of iShares U.S. Treasury Bond ETF worth $114,096,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of GOVT. JPMorgan Chase & Co. lifted its holdings in iShares U.S. Treasury Bond ETF by 366.1% during the fourth quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock worth $4,491,644,000 after acquiring an additional 153,219,429 shares during the period. Jump Financial LLC bought a new stake in iShares U.S. Treasury Bond ETF during the third quarter worth $1,716,964,000. Bank of America Corp DE lifted its holdings in iShares U.S. Treasury Bond ETF by 12.6% during the third quarter. Bank of America Corp DE now owns 362,138,521 shares of the company’s stock worth $8,372,643,000 after acquiring an additional 40,633,910 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in iShares U.S. Treasury Bond ETF by 2,261.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 13,244,325 shares of the company’s stock worth $305,017,000 after buying an additional 12,683,472 shares during the last quarter. Finally, LPL Financial LLC increased its position in iShares U.S. Treasury Bond ETF by 7.1% in the fourth quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock worth $2,741,988,000 after buying an additional 7,886,409 shares during the last quarter.

iShares U.S. Treasury Bond ETF Price Performance

BATS:GOVT opened at $22.71 on Monday. The business has a fifty day simple moving average of $22.77 and a two-hundred day simple moving average of $22.96. iShares U.S. Treasury Bond ETF has a 1 year low of $22.47 and a 1 year high of $23.39.

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.