Smith Partners Wealth Management LLC Makes New $1.24 Million Investment in iShares 0-3 Month Treasury Bond ETF $SGOV

Smith Partners Wealth Management LLC acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 12,358 shares of the company’s stock, valued at approximately $1,244,000. iShares 0-3 Month Treasury Bond ETF makes up 0.9% of Smith Partners Wealth Management LLC’s investment portfolio, making the stock its 23rd largest position.

A number of other hedge funds have also recently modified their holdings of the business. Albion Financial Group UT boosted its stake in iShares 0-3 Month Treasury Bond ETF by 85,291.1% during the second quarter. Albion Financial Group UT now owns 354,373 shares of the company’s stock worth $35,675,000 after acquiring an additional 353,958 shares in the last quarter. Partners Wealth Management LLC purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF during the third quarter valued at approximately $9,231,000. TD Waterhouse Canada Inc. lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 44.0% during the second quarter. TD Waterhouse Canada Inc. now owns 21,333 shares of the company’s stock valued at $2,142,000 after purchasing an additional 6,514 shares during the last quarter. Capital Investment Advisors LLC boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 17.9% in the 3rd quarter. Capital Investment Advisors LLC now owns 347,472 shares of the company’s stock worth $34,983,000 after purchasing an additional 52,801 shares in the last quarter. Finally, Old Mission Investment Co LLC bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the 2nd quarter worth approximately $1,477,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

iShares 0-3 Month Treasury Bond ETF stock opened at $100.53 on Thursday. The stock’s 50 day moving average is $100.55 and its 200 day moving average is $100.54. iShares 0-3 Month Treasury Bond ETF has a twelve month low of $100.27 and a twelve month 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.