Bangor Savings Bank Sells 3,859,502 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

Bangor Savings Bank decreased its holdings in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) by 92.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 333,848 shares of the company’s stock after selling 3,859,502 shares during the quarter. iShares 0-3 Month Treasury Bond ETF comprises approximately 2.6% of Bangor Savings Bank’s investment portfolio, making the stock its 13th largest holding. Bangor Savings Bank’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $33,612,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of SGOV. Cerity Partners LLC boosted its stake 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 acquiring an additional 2,081,395 shares during the last quarter. Westerkirk Capital Inc. bought a new position in iShares 0-3 Month Treasury Bond ETF during the fourth quarter worth $152,955,000. Bank of America Corp DE increased its stake in iShares 0-3 Month Treasury Bond ETF by 13.2% during the first quarter. Bank of America Corp DE now owns 12,170,491 shares of the company’s stock valued at $1,225,082,000 after purchasing an additional 1,420,276 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 127.3% during the fourth quarter. Focus Partners Wealth now owns 2,256,061 shares of the company’s stock worth $226,464,000 after purchasing an additional 1,263,520 shares during the period. Finally, Confluence Investment Management LLC lifted its position in shares of iShares 0-3 Month Treasury Bond ETF by 59.0% in the 2nd quarter. Confluence Investment Management LLC now owns 2,788,012 shares of the company’s stock worth $280,669,000 after buying an additional 1,034,498 shares during the last quarter.

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

Shares of NYSE SGOV traded up $0.01 during midday trading on Tuesday, hitting $100.45. The company’s stock had a trading volume of 22,225,161 shares, compared to its average volume of 19,776,830. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.73. The firm’s fifty day moving average price is $100.56 and its 200-day moving average price is $100.55.

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.