Cypress Capital LLC Increases Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Cypress Capital LLC boosted its stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 397.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 368,275 shares of the company’s stock after purchasing an additional 294,231 shares during the quarter. iShares 0-3 Month Treasury Bond ETF comprises 10.5% of Cypress Capital LLC’s holdings, making the stock its 2nd largest position. Cypress Capital LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $37,071,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Axxcess Wealth Management LLC boosted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 379.3% in the 4th quarter. Axxcess Wealth Management LLC now owns 3,256,065 shares of the company’s stock valued at $326,844,000 after purchasing an additional 2,576,728 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in shares of iShares 0-3 Month Treasury Bond ETF by 129.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 4,141,877 shares of the company’s stock worth $415,762,000 after purchasing an additional 2,335,616 shares in the last quarter. Cerity Partners LLC lifted its holdings in iShares 0-3 Month Treasury Bond ETF by 111.8% during the 4th quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock valued at $395,805,000 after purchasing an additional 2,081,395 shares during the last quarter. Robinhood Asset Management LLC bought a new position in iShares 0-3 Month Treasury Bond ETF during the 4th quarter valued at about $177,740,000. Finally, Westerkirk Capital Inc. acquired a new position in iShares 0-3 Month Treasury Bond ETF in the fourth quarter valued at about $152,955,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

NYSEARCA:SGOV opened at $100.44 on Tuesday. iShares 0-3 Month Treasury Bond ETF has a 12 month low of $100.27 and a 12 month high of $100.74. The company’s 50-day moving average price is $100.55 and its two-hundred day moving average price is $100.52.

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.