MRWM Advisors LLC Has $8.48 Million Stock Position in iShares 0-3 Month Treasury Bond ETF $SGOV

MRWM Advisors LLC raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 932.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 84,246 shares of the company’s stock after acquiring an additional 76,090 shares during the period. iShares 0-3 Month Treasury Bond ETF makes up about 4.6% of MRWM Advisors LLC’s investment portfolio, making the stock its 6th largest position. MRWM Advisors LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $8,480,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in SGOV. Axxcess Wealth Management LLC raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 379.3% in the 4th quarter. Axxcess Wealth Management LLC now owns 3,256,065 shares of the company’s stock valued at $326,844,000 after acquiring an additional 2,576,728 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 129.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 4,141,877 shares of the company’s stock worth $415,762,000 after purchasing an additional 2,335,616 shares in the last quarter. Cerity Partners LLC grew its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 111.8% during the fourth quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock worth $395,805,000 after purchasing an additional 2,081,395 shares in the last quarter. Robinhood Asset Management LLC bought a new position in shares of iShares 0-3 Month Treasury Bond ETF in the fourth quarter worth approximately $177,740,000. Finally, Westerkirk Capital Inc. bought a new position in shares of iShares 0-3 Month Treasury Bond ETF in the fourth quarter worth approximately $152,955,000.

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

Shares of SGOV opened at $100.63 on Friday. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.74. The firm’s 50 day simple moving average is $100.55 and its 200 day simple moving average is $100.51.

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.