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

Bank of New York Mellon Corp lowered its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 1.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,455,934 shares of the company’s stock after selling 28,405 shares during the quarter. Bank of New York Mellon Corp owned 0.12% of iShares U.S. Treasury Bond ETF worth $33,465,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of GOVT. Seascape Capital Management lifted its stake in shares of iShares U.S. Treasury Bond ETF by 1.7% in the 1st quarter. Seascape Capital Management now owns 507,620 shares of the company’s stock worth $11,668,000 after acquiring an additional 8,730 shares during the period. World Investment Advisors increased its stake in iShares U.S. Treasury Bond ETF by 2.1% in the 1st quarter. World Investment Advisors now owns 26,556 shares of the company’s stock valued at $610,000 after buying an additional 535 shares during the period. Truist Financial Corp increased its stake in shares of iShares U.S. Treasury Bond ETF by 3.9% during the 1st quarter. Truist Financial Corp now owns 69,572,378 shares of the company’s stock worth $1,599,121,000 after purchasing an additional 2,615,659 shares during the last quarter. Capital Investment Advisory Services LLC increased its stake in shares of iShares U.S. Treasury Bond ETF by 56.7% during the 1st quarter. Capital Investment Advisory Services LLC now owns 153,557 shares of the company’s stock worth $3,530,000 after purchasing an additional 55,569 shares during the last quarter. Finally, Columbia River Financial Group LLC bought a new stake in shares of iShares U.S. Treasury Bond ETF during the 1st quarter worth $209,000.

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

Shares of iShares U.S. Treasury Bond ETF stock opened at $22.64 on Wednesday. The stock’s 50-day moving average price is $22.72 and its 200-day moving average price is $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.