Confluence Investment Management LLC Acquires 1,034,498 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

Confluence Investment Management LLC grew its holdings in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 59.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,788,012 shares of the company’s stock after purchasing an additional 1,034,498 shares during the quarter. iShares 0-3 Month Treasury Bond ETF comprises about 4.4% of Confluence Investment Management LLC’s investment portfolio, making the stock its largest position. Confluence Investment Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $280,669,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. 4WEALTH Advisors Inc. grew its stake in shares of iShares 0-3 Month Treasury Bond ETF by 0.6% during the first quarter. 4WEALTH Advisors Inc. now owns 18,280 shares of the company’s stock valued at $1,840,000 after purchasing an additional 100 shares during the last quarter. Koshinski Asset Management Inc. increased its holdings in iShares 0-3 Month Treasury Bond ETF by 1.8% in the first quarter. Koshinski Asset Management Inc. now owns 6,899 shares of the company’s stock valued at $694,000 after purchasing an additional 125 shares during the last quarter. Greenwood Gearhart LLC raised its position in shares of iShares 0-3 Month Treasury Bond ETF by 2.0% in the 1st quarter. Greenwood Gearhart LLC now owns 6,225 shares of the company’s stock valued at $627,000 after acquiring an additional 125 shares during the period. Nwam LLC raised its holdings in iShares 0-3 Month Treasury Bond ETF by 1.4% in the fourth quarter. Nwam LLC now owns 9,938 shares of the company’s stock worth $1,000,000 after purchasing an additional 138 shares during the period. Finally, Coston McIsaac & Partners lifted its holdings in iShares 0-3 Month Treasury Bond ETF by 44.3% during the first quarter. Coston McIsaac & Partners now owns 453 shares of the company’s stock worth $45,000 after acquiring an additional 139 shares in the last quarter.

iShares 0-3 Month Treasury Bond ETF Trading Down 0.3%

Shares of SGOV opened at $100.42 on Tuesday. The stock has a 50 day simple moving average of $100.55 and a 200 day simple moving average of $100.54. iShares 0-3 Month Treasury Bond ETF has a 52-week low of $100.27 and a 52-week high of $100.74.

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.