Independent Financial Group LLC Makes New Investment in iShares 0-3 Month Treasury Bond ETF $SGOV

Independent Financial Group LLC bought a new stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 107,417 shares of the company’s stock, valued at approximately $10,813,000.

A number of other hedge funds have also made changes to their positions in SGOV. Bank of America Corp DE raised 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 worth $1,063,424,000 after buying an additional 328,511 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 11.4% in the 4th quarter. LPL Financial LLC now owns 8,796,355 shares of the company’s stock worth $882,978,000 after buying an additional 896,804 shares in the last quarter. CIBC Private Wealth Group LLC grew its stake in iShares 0-3 Month Treasury Bond ETF by 129.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 4,141,877 shares of the company’s stock valued at $415,762,000 after acquiring an additional 2,335,616 shares during the last quarter. Cerity Partners LLC grew its stake in iShares 0-3 Month Treasury Bond ETF by 111.8% in the 4th quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock valued at $395,805,000 after acquiring an additional 2,081,395 shares during the last quarter. Finally, Axxcess Wealth Management LLC increased its holdings in iShares 0-3 Month Treasury Bond ETF by 379.3% during 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.

iShares 0-3 Month Treasury Bond ETF Stock Performance

NYSEARCA:SGOV opened at $100.55 on Friday. The firm has a 50-day moving average price of $100.53 and a two-hundred day moving average price of $100.52. iShares 0-3 Month Treasury Bond ETF has a twelve month low of $100.27 and a twelve month 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.