Members Wealth LLC Trims Stake in iShares 0-3 Month Treasury Bond ETF $SGOV

Members Wealth LLC cut its stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 33.5% in the first quarter, HoldingsChannel reports. The fund owned 23,065 shares of the company’s stock after selling 11,598 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for approximately 1.3% of Members Wealth LLC’s investment portfolio, making the stock its 18th largest holding. Members Wealth LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $2,320,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Wealth Watch Advisors INC acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth approximately $25,000. Coston McIsaac & Partners acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 4th quarter valued at $31,000. Smartleaf Asset Management LLC lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 562.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 331 shares of the company’s stock valued at $33,000 after purchasing an additional 281 shares during the period. BOKF NA purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the third quarter worth $41,000. Finally, Fifth Third Bancorp boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 4,890.0% during the fourth quarter. Fifth Third Bancorp now owns 499 shares of the company’s stock worth $50,000 after buying an additional 489 shares in the last quarter.

iShares 0-3 Month Treasury Bond ETF Stock Performance

SGOV stock opened at $100.67 on Tuesday. The firm’s fifty day moving average is $100.56 and its 200 day 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.