Franklin Resources Inc. Acquires 1,380 Shares of iShares U.S. Treasury Bond ETF (BATS:GOVT)

Franklin Resources Inc. increased its holdings in shares of iShares U.S. Treasury Bond ETF (BATS:GOVT) by 5.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,228 shares of the company’s stock after purchasing an additional 1,380 shares during the period. Franklin Resources Inc.’s holdings in iShares U.S. Treasury Bond ETF were worth $626,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its holdings in shares of iShares U.S. Treasury Bond ETF by 14.4% in the second quarter. Envestnet Asset Management Inc. now owns 57,384,743 shares of the company’s stock valued at $1,295,174,000 after purchasing an additional 7,203,276 shares in the last quarter. LPL Financial LLC increased its stake in iShares U.S. Treasury Bond ETF by 6.6% in the 2nd quarter. LPL Financial LLC now owns 104,237,657 shares of the company’s stock valued at $2,352,644,000 after buying an additional 6,443,351 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of iShares U.S. Treasury Bond ETF by 7.8% in 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 in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the second quarter valued at about $33,768,000. Finally, Kovitz Investment Group Partners LLC acquired a new stake in shares of iShares U.S. Treasury Bond ETF in the third quarter valued at about $34,438,000.

iShares U.S. Treasury Bond ETF Stock Up 0.4 %

Shares of BATS GOVT opened at $22.48 on Tuesday. The company’s 50 day moving average is $22.73 and its 200 day moving average is $22.96.

iShares U.S. Treasury Bond ETF 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.