Twelve Points Wealth Management LLC Raises Stake in iShares 0-3 Month Treasury Bond ETF $SGOV

Twelve Points Wealth Management LLC grew its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 19.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 171,745 shares of the company’s stock after purchasing an additional 28,201 shares during the period. iShares 0-3 Month Treasury Bond ETF comprises 4.3% of Twelve Points Wealth Management LLC’s investment portfolio, making the stock its 3rd largest position. Twelve Points Wealth Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $17,295,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Gladstone Institutional Advisory LLC increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 16.9% in the 3rd quarter. Gladstone Institutional Advisory LLC now owns 5,303 shares of the company’s stock worth $534,000 after purchasing an additional 766 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 5.7% during the third quarter. Geneos Wealth Management Inc. now owns 102,324 shares of the company’s stock valued at $10,304,000 after buying an additional 5,501 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 4.5% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 58,632 shares of the company’s stock valued at $5,904,000 after buying an additional 2,541 shares during the last quarter. Highland Financial Advisors LLC increased its holdings in iShares 0-3 Month Treasury Bond ETF by 1.6% in the 3rd quarter. Highland Financial Advisors LLC now owns 103,305 shares of the company’s stock worth $10,403,000 after buying an additional 1,649 shares in the last quarter. Finally, RHS Financial LLC raised its position in iShares 0-3 Month Treasury Bond ETF by 239.7% in the 3rd quarter. RHS Financial LLC now owns 11,166 shares of the company’s stock worth $1,124,000 after buying an additional 7,879 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Stock Performance

SGOV opened at $100.42 on Tuesday. The company’s 50-day simple moving average is $100.48 and its two-hundred day simple moving average is $100.53. 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 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.