Tortoise Investment Management LLC Purchases New Shares in iShares 0-3 Month Treasury Bond ETF $SGOV

Tortoise Investment Management LLC purchased a new stake in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 182,798 shares of the company’s stock, valued at approximately $18,404,000. iShares 0-3 Month Treasury Bond ETF accounts for approximately 1.4% of Tortoise Investment Management LLC’s holdings, making the stock its 18th biggest holding.

Several other large investors also recently made changes to their positions in the stock. Bank of America Corp DE lifted its position in iShares 0-3 Month Treasury Bond ETF by 13.2% in the 1st quarter. Bank of America Corp DE now owns 12,170,491 shares of the company’s stock valued at $1,225,082,000 after acquiring an additional 1,420,276 shares in the last quarter. Confluence Investment Management LLC increased its holdings in iShares 0-3 Month Treasury Bond ETF by 59.0% during the 2nd quarter. Confluence Investment Management LLC now owns 2,788,012 shares of the company’s stock worth $280,669,000 after purchasing an additional 1,034,498 shares in the last quarter. Royal Bank of Canada increased its holdings in iShares 0-3 Month Treasury Bond ETF by 14.5% during the 1st quarter. Royal Bank of Canada now owns 2,691,521 shares of the company’s stock worth $270,929,000 after purchasing an additional 341,164 shares in the last quarter. Equity Investment Corp increased its holdings in iShares 0-3 Month Treasury Bond ETF by 753.8% during the 3rd quarter. Equity Investment Corp now owns 2,265,141 shares of the company’s stock worth $228,054,000 after purchasing an additional 1,999,838 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 12.3% in the 1st quarter. Cetera Investment Advisers now owns 2,142,221 shares of the company’s stock valued at $215,636,000 after purchasing an additional 234,797 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of iShares 0-3 Month Treasury Bond ETF stock opened at $100.53 on Friday. The stock’s 50-day moving average is $100.55 and its 200-day moving average is $100.54. iShares 0-3 Month Treasury Bond ETF has a one year low of $100.27 and a one year high of $100.74.

iShares 0-3 Month Treasury Bond ETF Company 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.