iShares 0-3 Month Treasury Bond ETF $SGOV Stock: Sowell Financial Services LLC Increases Holdings

Sowell Financial Services LLC raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) by 81.5% in the third quarter, Holdings Channel.com reports. The firm owned 252,366 shares of the company’s stock after buying an additional 113,285 shares during the period. iShares 0-3 Month Treasury Bond ETF comprises 0.7% of Sowell Financial Services LLC’s portfolio, making the stock its 23rd largest holding. Sowell Financial Services LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $25,408,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Financial Consulate Inc. bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the second quarter worth $25,000. Physician Wealth Advisors Inc. acquired a new stake in iShares 0-3 Month Treasury Bond ETF in the third quarter valued at $38,000. Maryland Capital Advisors Inc. bought a new position in iShares 0-3 Month Treasury Bond ETF during the 3rd quarter valued at $43,000. Arlington Trust Co LLC bought a new position in iShares 0-3 Month Treasury Bond ETF during the 2nd quarter valued at $43,000. Finally, Coston McIsaac & Partners boosted its stake in iShares 0-3 Month Treasury Bond ETF by 44.3% during the 1st quarter. Coston McIsaac & Partners now owns 453 shares of the company’s stock valued at $45,000 after acquiring an additional 139 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of iShares 0-3 Month Treasury Bond ETF stock opened at $100.61 on Wednesday. iShares 0-3 Month Treasury Bond ETF has a 1 year low of $100.27 and a 1 year high of $100.73. The firm’s 50-day simple moving average is $100.55 and its 200-day simple moving average is $100.54.

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.