iShares 0-3 Month Treasury Bond ETF $SGOV Stock: StoneX Group Inc. Increases Position

StoneX Group Inc. lifted its stake in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) by 58.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 171,403 shares of the company’s stock after acquiring an additional 63,267 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for 0.6% of StoneX Group Inc.’s portfolio, making the stock its 26th largest position. StoneX Group Inc.’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $17,259,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Bank of America Corp DE boosted its position in 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 in the last quarter. Confluence Investment Management LLC raised its holdings in 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 in the last quarter. Royal Bank of Canada raised its holdings in iShares 0-3 Month Treasury Bond ETF by 14.5% in the first quarter. Royal Bank of Canada now owns 2,691,521 shares of the company’s stock worth $270,929,000 after purchasing an additional 341,164 shares in the last quarter. Cetera Investment Advisers raised its holdings in iShares 0-3 Month Treasury Bond ETF by 12.3% in the first quarter. Cetera Investment Advisers now owns 2,142,221 shares of the company’s stock worth $215,636,000 after purchasing an additional 234,797 shares in the last quarter. Finally, CX Institutional lifted its position in shares of iShares 0-3 Month Treasury Bond ETF by 60.9% during the second quarter. CX Institutional now owns 1,847,279 shares of the company’s stock valued at $185,966,000 after buying an additional 699,472 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

SGOV stock opened at $100.48 on Friday. iShares 0-3 Month Treasury Bond ETF has a one year low of $100.27 and a one year high of $100.74. The firm has a 50-day simple moving average of $100.55 and a two-hundred day simple moving average of $100.54.

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.