iShares 0-3 Month Treasury Bond ETF $SGOV Stock Sold by Montgomery Investment Management Inc.

Montgomery Investment Management Inc. trimmed its holdings in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) by 6.6% during the third quarter, Holdings Channel.com reports. The fund owned 132,150 shares of the company’s stock after selling 9,340 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for 4.0% of Montgomery Investment Management Inc.’s investment portfolio, making the stock its 6th largest holding. Montgomery Investment Management Inc.’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $13,305,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SGOV. 4WEALTH Advisors Inc. lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 0.6% in the first quarter. 4WEALTH Advisors Inc. now owns 18,280 shares of the company’s stock valued at $1,840,000 after purchasing an additional 100 shares in the last quarter. Optivise Advisory Services LLC boosted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 3.6% during the third quarter. Optivise Advisory Services LLC now owns 2,893 shares of the company’s stock valued at $291,000 after acquiring an additional 100 shares during the last quarter. Koshinski Asset Management Inc. increased its position in iShares 0-3 Month Treasury Bond ETF by 1.8% during the 1st quarter. Koshinski Asset Management Inc. now owns 6,899 shares of the company’s stock worth $694,000 after purchasing an additional 125 shares in the last quarter. Greenwood Gearhart LLC increased its position in iShares 0-3 Month Treasury Bond ETF by 2.0% during the 1st quarter. Greenwood Gearhart LLC now owns 6,225 shares of the company’s stock worth $627,000 after purchasing an additional 125 shares in the last quarter. Finally, Coston McIsaac & Partners increased its position in iShares 0-3 Month Treasury Bond ETF by 44.3% during the 1st quarter. Coston McIsaac & Partners now owns 453 shares of the company’s stock worth $45,000 after purchasing an additional 139 shares in the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

Shares of SGOV stock opened at $100.67 on Tuesday. The firm has a 50-day moving average price of $100.56 and a 200 day moving average price of $100.54. iShares 0-3 Month Treasury Bond ETF has a twelve month low of $100.27 and a twelve month high of $100.73.

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.