Bank of Montreal Can Acquires 428,986 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Bank of Montreal Can boosted its position in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 762.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 485,280 shares of the company’s stock after purchasing an additional 428,986 shares during the period. Bank of Montreal Can’s holdings in iShares U.S. Treasury Bond ETF were worth $11,409,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC lifted its stake in iShares U.S. Treasury Bond ETF by 3.4% in the third quarter. LPL Financial LLC now owns 107,763,508 shares of the company’s stock worth $2,527,054,000 after purchasing an additional 3,525,851 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares U.S. Treasury Bond ETF by 14.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock valued at $1,295,174,000 after acquiring an additional 7,203,276 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in iShares U.S. Treasury Bond ETF by 7.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 36,625,741 shares of the company’s stock valued at $858,874,000 after acquiring an additional 2,642,472 shares during the period. Allworth Financial LP grew its position in iShares U.S. Treasury Bond ETF by 2.6% during the 3rd quarter. Allworth Financial LP now owns 28,799,490 shares of the company’s stock worth $675,348,000 after acquiring an additional 735,803 shares during the last quarter. Finally, Assetmark Inc. increased its stake in iShares U.S. Treasury Bond ETF by 3.6% in the 3rd quarter. Assetmark Inc. now owns 18,419,461 shares of the company’s stock worth $431,936,000 after purchasing an additional 639,816 shares during the period.

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

BATS:GOVT opened at $22.95 on Monday. The company’s fifty day moving average is $22.94 and its 200 day moving average is $22.92.

About iShares U.S. Treasury Bond ETF

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.