Confluence Wealth Services Inc. Invests $1.42 Million in iShares 0-3 Month Treasury Bond ETF $SGOV

Confluence Wealth Services Inc. bought a new stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the second quarter, Holdings Channel reports. The institutional investor bought 14,091 shares of the company’s stock, valued at approximately $1,419,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SGOV. Bank of America Corp DE boosted its stake in iShares 0-3 Month Treasury Bond ETF by 13.2% during the 1st quarter. Bank of America Corp DE now owns 12,170,491 shares of the company’s stock worth $1,225,082,000 after purchasing an additional 1,420,276 shares during the period. LPL Financial LLC grew its position in iShares 0-3 Month Treasury Bond ETF by 11.4% during the 4th quarter. LPL Financial LLC now owns 8,796,355 shares of the company’s stock worth $882,978,000 after purchasing an additional 896,804 shares during the last quarter. CIBC Private Wealth Group LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 129.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,141,877 shares of the company’s stock valued at $415,762,000 after purchasing an additional 2,335,616 shares during the period. Cerity Partners LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 111.8% in the fourth quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock valued at $395,805,000 after purchasing an additional 2,081,395 shares during the period. Finally, Axxcess Wealth Management LLC raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 379.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 3,256,065 shares of the company’s stock valued at $326,844,000 after buying an additional 2,576,728 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Trading Up 0.0%

Shares of SGOV opened at $100.53 on Friday. iShares 0-3 Month Treasury Bond ETF has a fifty-two week low of $100.27 and a fifty-two week high of $100.74. The firm has a 50-day simple moving average of $100.54 and a 200-day simple moving average of $100.54.

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.