iShares 0-3 Month Treasury Bond ETF $SGOV is Red Wave Investments LLC’s 5th Largest Position

Red Wave Investments LLC trimmed its position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 7.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 161,000 shares of the company’s stock after selling 12,475 shares during the quarter. iShares 0-3 Month Treasury Bond ETF comprises about 5.0% of Red Wave Investments LLC’s investment portfolio, making the stock its 5th biggest position. Red Wave Investments LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $16,213,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Webster Bank N. A. bought a new stake in iShares 0-3 Month Treasury Bond ETF in the 3rd quarter worth approximately $30,000. Grove Bank & Trust bought a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 2nd quarter valued at approximately $40,000. Crewe Advisors LLC purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF in the second quarter valued at $57,000. Clayton Financial Group LLC bought a new stake in iShares 0-3 Month Treasury Bond ETF in the third quarter worth $60,000. Finally, Ameriflex Group Inc. increased its position in iShares 0-3 Month Treasury Bond ETF by 396.8% in the second quarter. Ameriflex Group Inc. now owns 626 shares of the company’s stock worth $63,000 after purchasing an additional 500 shares during the last quarter.

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

SGOV stock opened at $100.56 on Friday. iShares 0-3 Month Treasury Bond ETF has a 52 week low of $100.27 and a 52 week high of $100.74. The company has a fifty day simple moving average of $100.47 and a two-hundred day simple moving average of $100.52.

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.