Modern Wealth Management LLC Has $3.02 Million Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Modern Wealth Management LLC increased its holdings in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 262.2% in the first quarter, HoldingsChannel reports. The firm owned 30,095 shares of the company’s stock after purchasing an additional 21,787 shares during the period. Modern Wealth Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $3,021,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth about $4,810,000. Bison Wealth LLC increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 161.2% during the 4th quarter. Bison Wealth LLC now owns 28,209 shares of the company’s stock valued at $2,830,000 after acquiring an additional 17,409 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 1st quarter valued at about $207,000. Goldman Sachs Group Inc. bought a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 1st quarter valued at approximately $810,000. Finally, Schnieders Capital Management LLC. bought a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 2nd quarter valued at approximately $1,906,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

SGOV opened at $100.64 on Friday. The business has a 50 day moving average price of $100.55 and a 200 day moving average price of $100.53. iShares 0-3 Month Treasury Bond ETF has a twelve month low of $100.27 and a twelve month 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.