Assetmark Inc. Purchases 1,773,768 Shares of iShares U.S. Treasury Bond ETF $GOVT

Assetmark Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 7.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 24,250,754 shares of the company’s stock after buying an additional 1,773,768 shares during the quarter. iShares U.S. Treasury Bond ETF accounts for approximately 1.2% of Assetmark Inc.’s holdings, making the stock its 17th largest holding. Assetmark Inc. owned 2.02% of iShares U.S. Treasury Bond ETF worth $560,677,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TIAA Trust National Association lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 17,484.2% during the 2nd quarter. TIAA Trust National Association now owns 30,751,087 shares of the company’s stock valued at $705,040,000 after purchasing an additional 30,576,208 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares U.S. Treasury Bond ETF by 2.8% during the 2nd quarter. Bank of America Corp DE now owns 321,504,611 shares of the company’s stock worth $7,388,176,000 after buying an additional 8,760,376 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares U.S. Treasury Bond ETF by 7.4% in the second quarter. JPMorgan Chase & Co. now owns 40,314,805 shares of the company’s stock valued at $926,434,000 after buying an additional 2,794,537 shares in the last quarter. Jordan Park Group LLC lifted its stake in iShares U.S. Treasury Bond ETF by 13.9% in the second quarter. Jordan Park Group LLC now owns 20,987,708 shares of the company’s stock valued at $482,298,000 after buying an additional 2,559,272 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares U.S. Treasury Bond ETF by 8.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 27,236,673 shares of the company’s stock valued at $628,759,000 after buying an additional 2,188,174 shares during the period.

iShares U.S. Treasury Bond ETF Stock Performance

Shares of BATS:GOVT opened at $23.19 on Friday. iShares U.S. Treasury Bond ETF has a 12 month low of $22.48 and a 12 month high of $23.36. The company’s fifty day simple moving average is $23.04 and its 200 day simple moving average is $23.07.

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.