Focused Wealth Management Inc Has $18.78 Million Stock Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Focused Wealth Management Inc reduced its stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 13.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 186,532 shares of the company’s stock after selling 28,137 shares during the quarter. iShares 0-3 Month Treasury Bond ETF comprises about 1.9% of Focused Wealth Management Inc’s investment portfolio, making the stock its 9th largest holding. Focused Wealth Management Inc’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $18,776,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in SGOV. Wealth Watch Advisors INC bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the 4th quarter worth $25,000. Coston McIsaac & Partners purchased a new position in iShares 0-3 Month Treasury Bond ETF in the 4th quarter worth about $31,000. Smartleaf Asset Management LLC lifted its stake in iShares 0-3 Month Treasury Bond ETF by 562.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 331 shares of the company’s stock valued at $33,000 after buying an additional 281 shares in the last quarter. BOKF NA purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF in the third quarter worth approximately $41,000. Finally, Fifth Third Bancorp lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 4,890.0% in the fourth quarter. Fifth Third Bancorp now owns 499 shares of the company’s stock valued at $50,000 after purchasing an additional 489 shares in the last quarter.

iShares 0-3 Month Treasury Bond ETF Trading Up 0.0%

Shares of SGOV stock opened at $100.61 on Wednesday. The stock’s fifty day simple moving average is $100.55 and its 200-day simple moving average is $100.51. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-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.