Rochester Wealth Strategies LLC Cuts Stock Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Rochester Wealth Strategies LLC reduced its stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 22.6% during the 4th quarter, Holdings Channel reports. The fund owned 28,617 shares of the company’s stock after selling 8,379 shares during the quarter. iShares 0-3 Month Treasury Bond ETF makes up approximately 1.8% of Rochester Wealth Strategies LLC’s investment portfolio, making the stock its 13th biggest position. Rochester Wealth Strategies LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $2,873,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Webster Bank N. A. purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the 3rd quarter worth about $30,000. Jones Financial Companies Lllp raised its position in iShares 0-3 Month Treasury Bond ETF by 1,241.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 389 shares of the company’s stock valued at $39,000 after purchasing an additional 360 shares in the last quarter. BOKF NA purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 3rd quarter valued at about $41,000. Clayton Financial Group LLC acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF during the third quarter worth about $60,000. Finally, Delta Asset Management LLC TN acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF during the third quarter worth about $63,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

SGOV stock opened at $100.66 on Tuesday. The company’s 50 day moving average price is $100.53 and its 200 day moving average price is $100.52. iShares 0-3 Month Treasury Bond ETF has a fifty-two week low of $100.27 and a fifty-two week high of $100.74.

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.