iShares 0-3 Month Treasury Bond ETF $SGOV Stake Decreased by CX Institutional

CX Institutional cut its stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 7.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 1,427,133 shares of the company’s stock after selling 118,655 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for approximately 4.4% of CX Institutional’s portfolio, making the stock its largest position. CX Institutional’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $143,712,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SGOV. Brighton Jones LLC acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 4th quarter valued at $4,810,000. Bison Wealth LLC raised its position in shares of iShares 0-3 Month Treasury Bond ETF by 161.2% in the 4th quarter. Bison Wealth LLC now owns 28,209 shares of the company’s stock worth $2,830,000 after buying an additional 17,409 shares during the period. Baird Financial Group Inc. acquired a new position in iShares 0-3 Month Treasury Bond ETF in the first quarter valued at $501,000. AQR Capital Management LLC purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the first quarter valued at about $207,000. Finally, Goldman Sachs Group Inc. purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the first quarter valued at about $810,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of NYSEARCA:SGOV opened at $100.43 on Wednesday. The business has a 50-day moving average of $100.48 and a two-hundred day moving average of $100.53. iShares 0-3 Month Treasury Bond ETF has a 12 month low of $100.27 and a 12 month high of $100.74.

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.