Northwestern Mutual Wealth Management Co. Has $2.78 Million Stake in iShares 0-3 Month Treasury Bond ETF $SGOV

Northwestern Mutual Wealth Management Co. trimmed its holdings in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 97.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 27,738 shares of the company’s stock after selling 1,177,295 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $2,784,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Madison Wealth Partners Inc increased its position in iShares 0-3 Month Treasury Bond ETF by 3.4% during the third quarter. Madison Wealth Partners Inc now owns 3,096 shares of the company’s stock worth $312,000 after buying an additional 103 shares during the last quarter. Advisory Alpha LLC increased its position in iShares 0-3 Month Treasury Bond ETF by 1.3% during the third quarter. Advisory Alpha LLC now owns 9,207 shares of the company’s stock worth $924,000 after buying an additional 115 shares during the last quarter. IFG Advisory LLC increased its position in iShares 0-3 Month Treasury Bond ETF by 1.4% during the third quarter. IFG Advisory LLC now owns 9,186 shares of the company’s stock worth $925,000 after buying an additional 123 shares during the last quarter. Weaver Consulting Group increased its position in iShares 0-3 Month Treasury Bond ETF by 3.6% during the third quarter. Weaver Consulting Group now owns 4,018 shares of the company’s stock worth $405,000 after buying an additional 138 shares during the last quarter. Finally, Nwam LLC increased its position in iShares 0-3 Month Treasury Bond ETF by 1.4% during the fourth quarter. Nwam LLC now owns 9,938 shares of the company’s stock worth $1,000,000 after buying an additional 138 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

iShares 0-3 Month Treasury Bond ETF stock opened at $100.63 on Tuesday. iShares 0-3 Month Treasury Bond ETF has a one year low of $100.27 and a one year high of $100.74. The company’s fifty day moving average price is $100.55 and its two-hundred day moving average price is $100.51.

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.