Polaris Investment Advisors LLC Makes New $1.04 Million Investment in iShares U.S. Treasury Bond ETF $GOVT

Polaris Investment Advisors LLC bought a new position in iShares U.S. Treasury Bond ETF (BATS:GOVT) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 45,313 shares of the company’s stock, valued at approximately $1,038,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in shares of iShares U.S. Treasury Bond ETF by 9.0% during the 4th quarter. Bank of America Corp DE now owns 394,706,971 shares of the company’s stock worth $9,088,128,000 after buying an additional 32,568,450 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 366.1% in the fourth quarter. JPMorgan Chase & Co. now owns 195,076,828 shares of the company’s stock valued at $4,491,644,000 after acquiring an additional 153,219,429 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares U.S. Treasury Bond ETF by 7.1% during the fourth quarter. LPL Financial LLC now owns 119,087,423 shares of the company’s stock valued at $2,741,988,000 after acquiring an additional 7,886,409 shares during the last quarter. Jump Financial LLC purchased a new stake in shares of iShares U.S. Treasury Bond ETF during the third quarter valued at approximately $1,716,964,000. Finally, Truist Financial Corp lifted its holdings in iShares U.S. Treasury Bond ETF by 3.4% during the fourth quarter. Truist Financial Corp now owns 71,006,495 shares of the company’s stock worth $1,634,925,000 after acquiring an additional 2,302,272 shares during the period.

iShares U.S. Treasury Bond ETF Price Performance

GOVT stock opened at $22.83 on Friday. The stock’s fifty day simple moving average is $22.75 and its two-hundred day simple moving average is $22.93. iShares U.S. Treasury Bond ETF has a 1-year low of $22.47 and a 1-year high of $23.39.

iShares U.S. Treasury Bond ETF Profile

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.