iShares 0-3 Month Treasury Bond ETF $SGOV Stock: Robertson Stephens Wealth Management LLC Raises Stake

Robertson Stephens Wealth Management LLC raised its stake in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) by 16.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 334,657 shares of the company’s stock after purchasing an additional 48,441 shares during the quarter. iShares 0-3 Month Treasury Bond ETF accounts for about 0.8% of Robertson Stephens Wealth Management LLC’s portfolio, making the stock its 23rd largest position. Robertson Stephens Wealth Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $33,693,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Bank of America Corp DE boosted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 13.2% during the first quarter. Bank of America Corp DE now owns 12,170,491 shares of the company’s stock valued at $1,225,082,000 after purchasing an additional 1,420,276 shares during the period. Peavine Capital LLC bought a new position in shares of iShares 0-3 Month Treasury Bond ETF in the third quarter worth approximately $135,022,000. Confluence Investment Management LLC grew its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 59.0% in the second quarter. Confluence Investment Management LLC now owns 2,788,012 shares of the company’s stock worth $280,669,000 after purchasing an additional 1,034,498 shares during the last quarter. CX Institutional grew its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 60.9% in the second quarter. CX Institutional now owns 1,847,279 shares of the company’s stock worth $185,966,000 after purchasing an additional 699,472 shares during the last quarter. Finally, Journey Advisory Group LLC increased its stake in shares of iShares 0-3 Month Treasury Bond ETF by 638.9% in the first quarter. Journey Advisory Group LLC now owns 637,029 shares of the company’s stock worth $64,123,000 after buying an additional 550,820 shares during the period.

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

Shares of NYSE SGOV opened at $100.58 on Friday. iShares 0-3 Month Treasury Bond ETF has a 52 week low of $100.27 and a 52 week high of $100.73. The firm’s fifty day moving average is $100.55 and its 200 day moving average is $100.54.

About iShares 0-3 Month Treasury Bond ETF

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.