Commonwealth Financial Services LLC Trims Stake in iShares 0-3 Month Treasury Bond ETF $SGOV

Commonwealth Financial Services LLC reduced its holdings in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 33.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,783 shares of the company’s stock after selling 5,478 shares during the period. Commonwealth Financial Services LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $1,082,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SGOV. Robinhood Asset Management LLC purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the fourth quarter valued at approximately $177,740,000. GM Advisory Group LLC increased its holdings in iShares 0-3 Month Treasury Bond ETF by 112.2% during the third quarter. GM Advisory Group LLC now owns 2,569,599 shares of the company’s stock valued at $258,759,000 after buying an additional 1,358,619 shares during the last quarter. Privium Fund Management UK Ltd purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the fourth quarter valued at approximately $130,481,000. Aristotle Capital Management LLC purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the third quarter valued at approximately $100,328,000. Finally, Gotham Asset Management LLC boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 107.3% in the third quarter. Gotham Asset Management LLC now owns 1,552,170 shares of the company’s stock worth $156,304,000 after purchasing an additional 803,355 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Performance

SGOV opened at $100.58 on Friday. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.74. The company has a 50 day simple moving average of $100.54 and a two-hundred day simple moving average of $100.51.

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.