Ridgewood Investments LLC Lowers Stock Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Ridgewood Investments LLC trimmed its holdings in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) by 13.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,189 shares of the company’s stock after selling 7,848 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for 1.8% of Ridgewood Investments LLC’s holdings, making the stock its 5th largest position. Ridgewood Investments LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $5,154,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SGOV. Bank of America Corp DE grew its position in 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 worth $1,225,082,000 after buying an additional 1,420,276 shares in the last quarter. LPL Financial LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 11.4% during the 4th quarter. LPL Financial LLC now owns 8,796,355 shares of the company’s stock worth $882,978,000 after acquiring an additional 896,804 shares during the period. Cerity Partners LLC raised its holdings in iShares 0-3 Month Treasury Bond ETF by 111.8% in the 4th quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock valued at $395,805,000 after acquiring an additional 2,081,395 shares in the last quarter. Confluence Investment Management LLC raised its holdings in iShares 0-3 Month Treasury Bond ETF by 59.0% in the 2nd quarter. Confluence Investment Management LLC now owns 2,788,012 shares of the company’s stock valued at $280,669,000 after acquiring an additional 1,034,498 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in iShares 0-3 Month Treasury Bond ETF by 14.5% in the 1st quarter. Royal Bank of Canada now owns 2,691,521 shares of the company’s stock valued at $270,929,000 after acquiring an additional 341,164 shares in the last quarter.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of NYSE:SGOV traded up $0.01 during trading on Monday, reaching $100.44. 22,091,468 shares of the company traded hands, compared to its average volume of 19,763,305. iShares 0-3 Month Treasury Bond ETF has a 52 week low of $100.27 and a 52 week high of $100.73. The company’s 50 day moving average is $100.56 and its two-hundred day moving average is $100.55.

iShares 0-3 Month Treasury Bond ETF Company 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.