121,331 Shares in iShares 0-3 Month Treasury Bond ETF $SGOV Acquired by Financial Discovery Group Inc.

Financial Discovery Group Inc. bought a new position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 121,331 shares of the company’s stock, valued at approximately $12,213,000. iShares 0-3 Month Treasury Bond ETF accounts for about 28.5% of Financial Discovery Group Inc.’s investment portfolio, making the stock its largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of SGOV. Axxcess Wealth Management LLC boosted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 379.3% during the fourth 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 during the period. CIBC Private Wealth Group LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 129.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 4,141,877 shares of the company’s stock worth $415,762,000 after buying an additional 2,335,616 shares during the period. Cerity Partners LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 111.8% in the 4th quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock worth $395,805,000 after buying an additional 2,081,395 shares during the period. Robinhood Asset Management LLC bought a new stake in iShares 0-3 Month Treasury Bond ETF during the 4th quarter valued at about $177,740,000. Finally, Westerkirk Capital Inc. purchased a new stake in iShares 0-3 Month Treasury Bond ETF in the 4th quarter valued at about $152,955,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of SGOV stock opened at $100.58 on Friday. The company’s 50-day simple moving average is $100.54 and its two-hundred day simple moving average is $100.52. iShares 0-3 Month Treasury Bond ETF has a one year low of $100.27 and a one year high of $100.74.

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.