iShares 0-3 Month Treasury Bond ETF $SGOV Shares Newly Acquired by Madrona Financial Services LLC

Madrona Financial Services LLC purchased a new stake in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 117,195 shares of the company’s stock, valued at approximately $11,799,000. iShares 0-3 Month Treasury Bond ETF accounts for about 1.8% of Madrona Financial Services LLC’s holdings, making the stock its 20th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE raised its position in shares of 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 acquiring an additional 1,420,276 shares during the last quarter. Confluence Investment Management LLC lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 59.0% in the second quarter. Confluence Investment Management LLC now owns 2,788,012 shares of the company’s stock worth $280,669,000 after acquiring an additional 1,034,498 shares during the period. Royal Bank of Canada lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 14.5% in the first quarter. Royal Bank of Canada now owns 2,691,521 shares of the company’s stock worth $270,929,000 after acquiring an additional 341,164 shares during the period. Cetera Investment Advisers boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 12.3% in the first quarter. Cetera Investment Advisers now owns 2,142,221 shares of the company’s stock valued at $215,636,000 after acquiring an additional 234,797 shares during the last quarter. Finally, CX Institutional boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 60.9% in the second quarter. CX Institutional now owns 1,847,279 shares of the company’s stock valued at $185,966,000 after acquiring an additional 699,472 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

NYSE:SGOV opened at $100.66 on Friday. The company has a 50 day simple moving average of $100.56 and a two-hundred day simple moving average of $100.55. iShares 0-3 Month Treasury Bond ETF has a fifty-two week low of $100.27 and a fifty-two week high of $100.73.

About iShares 0-3 Month Treasury Bond ETF

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.