Northwestern Mutual Wealth Management Co. Reduces Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Northwestern Mutual Wealth Management Co. cut its stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 5.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,136,034 shares of the company’s stock after selling 68,999 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $114,035,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Savant Capital LLC lifted its stake in iShares 0-3 Month Treasury Bond ETF by 59.7% during the fourth quarter. Savant Capital LLC now owns 304,662 shares of the company’s stock worth $30,582,000 after purchasing an additional 113,928 shares in the last quarter. Foundations Investment Advisors LLC increased its position in shares of iShares 0-3 Month Treasury Bond ETF by 75.1% during the fourth quarter. Foundations Investment Advisors LLC now owns 89,783 shares of the company’s stock worth $9,012,000 after acquiring an additional 38,506 shares during the period. Godfrey Financial Associates Inc. acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the fourth quarter valued at $50,000. IFG Advisory LLC grew its position in shares of iShares 0-3 Month Treasury Bond ETF by 16.2% during the fourth quarter. IFG Advisory LLC now owns 10,675 shares of the company’s stock worth $1,072,000 after buying an additional 1,489 shares in the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc purchased a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the fourth quarter worth approximately $881,000.

iShares 0-3 Month Treasury Bond ETF Trading Up 0.0%

SGOV opened at $100.67 on Friday. The business’s 50-day simple moving average is $100.56 and its 200-day simple moving average is $100.52. iShares 0-3 Month Treasury Bond ETF has a one year low of $100.27 and a one year 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.