Bank of New York Mellon Corp Trims Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

Bank of New York Mellon Corp lowered its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,455,934 shares of the company’s stock after selling 28,405 shares during the period. Bank of New York Mellon Corp’s holdings in iShares U.S. Treasury Bond ETF were worth $33,465,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its position in iShares U.S. Treasury Bond ETF by 12.5% during the fourth quarter. Bank of America Corp DE now owns 423,933,669 shares of the company’s stock valued at $9,741,996,000 after acquiring an additional 47,213,558 shares in the last quarter. LPL Financial LLC boosted its stake in iShares U.S. Treasury Bond ETF by 5.0% during the fourth quarter. LPL Financial LLC now owns 113,104,408 shares of the company’s stock worth $2,599,139,000 after buying an additional 5,340,900 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 5.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 71,528,583 shares of the company’s stock valued at $1,643,727,000 after purchasing an additional 3,539,745 shares during the last quarter. Truist Financial Corp raised its holdings in shares of iShares U.S. Treasury Bond ETF by 3.9% in the 1st quarter. Truist Financial Corp now owns 69,572,378 shares of the company’s stock valued at $1,599,121,000 after buying an additional 2,615,659 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in iShares U.S. Treasury Bond ETF by 343.4% during the 4th quarter. JPMorgan Chase & Co. now owns 49,365,745 shares of the company’s stock worth $1,134,425,000 after purchasing an additional 38,232,721 shares during the period.

iShares U.S. Treasury Bond ETF Stock Down 0.3%

Shares of BATS GOVT opened at $22.64 on Wednesday. The firm has a 50-day moving average price of $22.72 and a 200-day moving average price of $22.72.

iShares U.S. Treasury Bond ETF Company 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.