iShares 0-3 Month Treasury Bond ETF $SGOV Stock Position Increased by Penney Financial LLC

Penney Financial LLC raised its position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 55.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 183,697 shares of the company’s stock after buying an additional 65,881 shares during the period. iShares 0-3 Month Treasury Bond ETF comprises about 7.1% of Penney Financial LLC’s portfolio, making the stock its 4th largest holding. Penney Financial LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $18,440,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SGOV. Brighton Jones LLC acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth approximately $4,810,000. Bison Wealth LLC boosted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 161.2% during the 4th quarter. Bison Wealth LLC now owns 28,209 shares of the company’s stock worth $2,830,000 after purchasing an additional 17,409 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 1st quarter worth approximately $207,000. Goldman Sachs Group Inc. acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 1st quarter worth approximately $810,000. Finally, Schnieders Capital Management LLC. acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 2nd quarter worth approximately $1,906,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of iShares 0-3 Month Treasury Bond ETF stock opened at $100.45 on Wednesday. The stock’s 50 day simple moving average is $100.52 and its 200-day simple moving average is $100.51. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.74.

About iShares 0-3 Month Treasury Bond ETF

The iShares 0-3 Month Treasury Bond ETF (SGOV) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasurys maturing in less than or equal to three months. SGOV was launched on May 26, 2020 and is managed by BlackRock.