Focus Partners Wealth Has $99.95 Million Stake in iShares 0-3 Month Treasury Bond ETF $SGOV

Focus Partners Wealth lowered its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 5.8% during the third quarter, Holdings Channel.com reports. The firm owned 992,541 shares of the company’s stock after selling 61,068 shares during the quarter. Focus Partners Wealth’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $99,949,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SGOV. Fort Point Capital Partners LLC boosted its stake in iShares 0-3 Month Treasury Bond ETF by 7.2% in the 3rd quarter. Fort Point Capital Partners LLC now owns 32,876 shares of the company’s stock valued at $3,311,000 after purchasing an additional 2,203 shares during the period. Elevation Point Wealth Partners LLC bought a new position in iShares 0-3 Month Treasury Bond ETF during the 3rd quarter worth $240,000. Ausdal Financial Partners Inc. lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 17.0% during the third quarter. Ausdal Financial Partners Inc. now owns 18,133 shares of the company’s stock worth $1,826,000 after buying an additional 2,630 shares in the last quarter. Brass Tax Wealth Management Inc. acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the third quarter worth $470,000. Finally, Argyle Capital Partners LLC boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 78.8% in the third quarter. Argyle Capital Partners LLC now owns 9,065 shares of the company’s stock valued at $913,000 after acquiring an additional 3,995 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Performance

SGOV stock opened at $100.52 on Tuesday. 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’s 50-day simple moving average is $100.51 and its 200 day simple moving average is $100.51.

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.