iShares 0-3 Month Treasury Bond ETF $SGOV is L2 Asset Management LLC’s Largest Position

L2 Asset Management LLC boosted its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 6.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 239,466 shares of the company’s stock after acquiring an additional 14,186 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for about 3.5% of L2 Asset Management LLC’s investment portfolio, making the stock its largest position. L2 Asset Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $24,114,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SGOV. Laurel Wealth Advisors LLC increased its stake in shares of iShares 0-3 Month Treasury Bond ETF by 10,406.6% in the second quarter. Laurel Wealth Advisors LLC now owns 22,874,397 shares of the company’s stock worth $2,303,223,000 after purchasing an additional 22,656,682 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 3.2% during the 2nd quarter. Bank of America Corp DE now owns 10,561,368 shares of the company’s stock valued at $1,063,424,000 after buying an additional 328,511 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 40.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,056,864 shares of the company’s stock valued at $307,796,000 after buying an additional 884,640 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 8.7% in the 3rd quarter. Raymond James Financial Inc. now owns 2,620,250 shares of the company’s stock worth $263,859,000 after buying an additional 209,640 shares during the period. Finally, Confluence Investment Management LLC boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 9.7% in the 3rd quarter. Confluence Investment Management LLC now owns 2,599,958 shares of the company’s stock worth $261,816,000 after buying an additional 229,918 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of SGOV stock opened at $100.52 on Tuesday. The stock has a fifty day simple moving average of $100.51 and a two-hundred day simple moving average of $100.51. 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.