iShares 0-3 Month Treasury Bond ETF $SGOV Position Lifted by Synergy Asset Management LLC

Synergy Asset Management LLC boosted its position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 287.0% in the third quarter, HoldingsChannel.com reports. The firm owned 1,704,567 shares of the company’s stock after acquiring an additional 1,264,139 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for approximately 6.1% of Synergy Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Synergy Asset Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $171,641,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Grove Bank & Trust bought a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 2nd quarter worth approximately $40,000. Crewe Advisors LLC acquired a new position in iShares 0-3 Month Treasury Bond ETF during the 2nd quarter valued at approximately $57,000. Clayton Financial Group LLC purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF in the third quarter worth $60,000. Ameriflex Group Inc. lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 396.8% during the second quarter. Ameriflex Group Inc. now owns 626 shares of the company’s stock worth $63,000 after buying an additional 500 shares during the period. Finally, Clarity Asset Management Inc. acquired a new stake in iShares 0-3 Month Treasury Bond ETF during the 2nd quarter worth about $72,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of NYSEARCA:SGOV opened at $100.41 on Friday. iShares 0-3 Month Treasury Bond ETF has a 52-week low of $100.27 and a 52-week high of $100.74. The business has a 50-day moving average price of $100.49 and a 200-day moving average price of $100.53.

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.