Magnolia Group LLC Purchases 25,000 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

Magnolia Group LLC grew its holdings in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) by 12.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 220,000 shares of the company’s stock after buying an additional 25,000 shares during the quarter. iShares 0-3 Month Treasury Bond ETF accounts for approximately 7.6% of Magnolia Group LLC’s holdings, making the stock its 5th biggest holding. Magnolia Group LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $22,150,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SGOV. Financial Consulate Inc. bought a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 2nd quarter worth approximately $25,000. Entrust Financial LLC acquired a new stake in iShares 0-3 Month Treasury Bond ETF in the 3rd quarter valued at $27,000. Signaturefd LLC boosted its stake in iShares 0-3 Month Treasury Bond ETF by 89.9% in the 3rd quarter. Signaturefd LLC now owns 300 shares of the company’s stock valued at $30,000 after buying an additional 142 shares in the last quarter. William Mack & Associates Inc. bought a new stake in iShares 0-3 Month Treasury Bond ETF in the third quarter valued at $31,000. Finally, Signature Equity Partners LLC bought a new stake in iShares 0-3 Month Treasury Bond ETF in the third quarter valued at $33,000.

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

SGOV opened at $100.53 on Thursday. iShares 0-3 Month Treasury Bond ETF has a twelve month low of $100.27 and a twelve month high of $100.74. The firm’s 50-day simple moving average is $100.55 and its 200-day simple moving average is $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.