SFG Wealth Management LLC. purchased a new stake in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 30,457 shares of the company’s stock, valued at approximately $3,066,000. iShares 0-3 Month Treasury Bond ETF makes up approximately 1.1% of SFG Wealth Management LLC.’s investment portfolio, making the stock its 17th biggest holding.
Several other hedge funds also recently added to or reduced their stakes in SGOV. Bank of America Corp DE raised its holdings 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 purchasing an additional 1,420,276 shares in the last quarter. Confluence Investment Management LLC lifted its position in shares of iShares 0-3 Month Treasury Bond ETF by 59.0% during the 2nd quarter. Confluence Investment Management LLC now owns 2,788,012 shares of the company’s stock worth $280,669,000 after buying an additional 1,034,498 shares during the last quarter. Royal Bank of Canada lifted its position in shares of iShares 0-3 Month Treasury Bond ETF by 14.5% during the 1st quarter. Royal Bank of Canada now owns 2,691,521 shares of the company’s stock worth $270,929,000 after buying an additional 341,164 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of iShares 0-3 Month Treasury Bond ETF by 12.3% during the 1st quarter. Cetera Investment Advisers now owns 2,142,221 shares of the company’s stock worth $215,636,000 after buying an additional 234,797 shares during the last quarter. Finally, CX Institutional boosted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 60.9% in the 2nd quarter. CX Institutional now owns 1,847,279 shares of the company’s stock valued at $185,966,000 after buying an additional 699,472 shares in the last quarter.
iShares 0-3 Month Treasury Bond ETF Stock Performance
Shares of iShares 0-3 Month Treasury Bond ETF stock opened at $100.66 on Monday. The company has a fifty day simple moving average of $100.56 and a 200-day simple moving average of $100.55. iShares 0-3 Month Treasury Bond ETF has a 12-month low of $100.27 and a 12-month high of $100.73.
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.
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