PNC Financial Services Group Inc. Has $306.68 Million Stock Holdings in iShares U.S. Treasury Bond ETF (BATS:GOVT)

PNC Financial Services Group Inc. lifted its position in iShares U.S. Treasury Bond ETF (BATS:GOVT) by 15,288.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,392,282 shares of the company’s stock after acquiring an additional 13,305,256 shares during the period. PNC Financial Services Group Inc. owned approximately 1.12% of iShares U.S. Treasury Bond ETF worth $306,683,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of GOVT. Bank of America Corp DE grew its stake in shares of iShares U.S. Treasury Bond ETF by 23.9% during the 1st quarter. Bank of America Corp DE now owns 360,509,492 shares of the company’s stock worth $8,428,712,000 after acquiring an additional 69,509,114 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of iShares U.S. Treasury Bond ETF by 27.7% in the first quarter. Envestnet Asset Management Inc. now owns 127,718,467 shares of the company’s stock valued at $2,986,058,000 after buying an additional 27,720,388 shares in the last quarter. Portside Wealth Group LLC bought a new position in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at $241,208,000. Truist Financial Corp grew its stake in shares of iShares U.S. Treasury Bond ETF by 16.2% in the first quarter. Truist Financial Corp now owns 55,448,009 shares of the company’s stock valued at $1,296,374,000 after buying an additional 7,715,170 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. bought a new position in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at $171,987,000.

iShares U.S. Treasury Bond ETF Price Performance

iShares U.S. Treasury Bond ETF stock traded up $0.03 during mid-day trading on Tuesday, hitting $22.28. 5,936,574 shares of the company’s stock traded hands. The company has a fifty day moving average of $22.00 and a 200 day moving average of $22.52.

iShares U.S. Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, October 6th. Investors of record on Tuesday, October 3rd were paid a $0.0486 dividend. The ex-dividend date of this dividend was Monday, October 2nd.

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.