iShares U.S. Treasury Bond ETF $GOVT Shares Purchased by Franklin Resources Inc.

Franklin Resources Inc. raised its stake in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 166.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 67,737 shares of the company’s stock after acquiring an additional 42,325 shares during the period. Franklin Resources Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $1,557,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in GOVT. BOS Asset Management LLC lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 1.8% in the 1st quarter. BOS Asset Management LLC now owns 24,857 shares of the company’s stock worth $571,000 after purchasing an additional 447 shares during the last quarter. Ashton Thomas Private Wealth LLC increased its position in iShares U.S. Treasury Bond ETF by 1.2% in the second quarter. Ashton Thomas Private Wealth LLC now owns 39,666 shares of the company’s stock worth $912,000 after buying an additional 460 shares during the period. GDS Wealth Management lifted its stake in iShares U.S. Treasury Bond ETF by 4.3% in the first quarter. GDS Wealth Management now owns 11,203 shares of the company’s stock valued at $258,000 after buying an additional 461 shares during the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 17.4% during the first quarter. Cary Street Partners Investment Advisory LLC now owns 3,145 shares of the company’s stock valued at $72,000 after acquiring an additional 467 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of iShares U.S. Treasury Bond ETF by 17.2% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,313 shares of the company’s stock worth $76,000 after acquiring an additional 486 shares during the last quarter.

iShares U.S. Treasury Bond ETF Stock Performance

GOVT stock opened at $23.10 on Friday. The business has a fifty day moving average price of $23.18 and a 200-day moving average price of $22.96.

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.