Envestnet Portfolio Solutions Inc. Reduces Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Envestnet Portfolio Solutions Inc. lowered its stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 24.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 51,477 shares of the company’s stock after selling 16,347 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $5,182,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Abacus Planning Group Inc. acquired a new stake in iShares 0-3 Month Treasury Bond ETF in the 2nd quarter worth approximately $208,000. Triumph Capital Management increased its stake in iShares 0-3 Month Treasury Bond ETF by 23.0% during the 2nd quarter. Triumph Capital Management now owns 18,611 shares of the company’s stock valued at $1,874,000 after purchasing an additional 3,480 shares in the last quarter. Valued Wealth Advisors LLC acquired a new position in iShares 0-3 Month Treasury Bond ETF during the 2nd quarter valued at approximately $1,703,000. Independent Wealth Network Inc. increased its stake in iShares 0-3 Month Treasury Bond ETF by 2.4% during the 2nd quarter. Independent Wealth Network Inc. now owns 14,115 shares of the company’s stock valued at $1,421,000 after purchasing an additional 333 shares in the last quarter. Finally, Mission Wealth Management LP purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF in the second quarter worth $668,000.

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

NYSEARCA:SGOV opened at $100.52 on Thursday. iShares 0-3 Month Treasury Bond ETF has a 12 month low of $100.27 and a 12 month high of $100.74. The firm has a fifty day simple moving average of $100.54 and a 200-day simple moving average of $100.54.

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.