First Merchants Corp Acquires 22,890 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

First Merchants Corp boosted its stake in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) by 22.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 125,374 shares of the company’s stock after purchasing an additional 22,890 shares during the quarter. First Merchants Corp’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $12,623,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SGOV. Bank of America Corp DE increased its position in shares of iShares 0-3 Month Treasury Bond ETF by 13.2% during the first quarter. Bank of America Corp DE now owns 12,170,491 shares of the company’s stock valued at $1,225,082,000 after buying an additional 1,420,276 shares during the period. Peavine Capital LLC bought a new position in iShares 0-3 Month Treasury Bond ETF in the third quarter worth about $135,022,000. Confluence Investment Management LLC lifted its holdings in iShares 0-3 Month Treasury Bond ETF by 59.0% in the second quarter. Confluence Investment Management LLC now owns 2,788,012 shares of the company’s stock worth $280,669,000 after buying an additional 1,034,498 shares during the period. CX Institutional boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 60.9% during the second quarter. CX Institutional now owns 1,847,279 shares of the company’s stock valued at $185,966,000 after purchasing an additional 699,472 shares in the last quarter. Finally, Evolve Private Wealth LLC bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the 4th quarter valued at $65,732,000.

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

SGOV stock opened at $100.55 on Friday. The firm has a 50 day moving average price of $100.55 and a 200-day moving average price of $100.54. iShares 0-3 Month Treasury Bond ETF has a 52-week low of $100.27 and a 52-week high of $100.73.

iShares 0-3 Month Treasury Bond ETF Profile

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.