iShares 0-3 Month Treasury Bond ETF $SGOV is Cornerstone Advisors Asset Management LLC’s 9th Largest Position

Cornerstone Advisors Asset Management LLC grew its stake in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) by 9.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 240,518 shares of the company’s stock after purchasing an additional 21,115 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for 3.2% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its 9th biggest position. Cornerstone Advisors Asset Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $24,213,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Albion Financial Group UT lifted its position in iShares 0-3 Month Treasury Bond ETF by 85,291.1% during the 2nd 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 during the period. Crescent Grove Advisors LLC boosted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 49.8% during the 4th quarter. Crescent Grove Advisors LLC now owns 205,156 shares of the company’s stock worth $20,594,000 after purchasing an additional 68,167 shares during the last quarter. Bank of New York Mellon Corp increased its stake in iShares 0-3 Month Treasury Bond ETF by 16.0% in the first quarter. Bank of New York Mellon Corp now owns 155,505 shares of the company’s stock valued at $15,653,000 after purchasing an additional 21,454 shares during the last quarter. Heritage Wealth Management Inc. CA grew its stake in shares of iShares 0-3 Month Treasury Bond ETF by 25.8% during the 4th quarter. Heritage Wealth Management Inc. CA now owns 51,409 shares of the company’s stock valued at $5,160,000 after buying an additional 10,537 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 11.9% in the 4th quarter. Sumitomo Mitsui Financial Group Inc. now owns 126,933 shares of the company’s stock valued at $12,742,000 after acquiring an additional 13,467 shares during the period.

iShares 0-3 Month Treasury Bond ETF Price Performance

NYSE:SGOV opened at $100.46 on Friday. The firm has a 50-day moving average of $100.55 and a two-hundred day moving average of $100.54. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.73.

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.