GK Wealth Management LLC Invests $1.10 Million in iShares 0-3 Month Treasury Bond ETF $SGOV

GK Wealth Management LLC acquired a new stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,949 shares of the company’s stock, valued at approximately $1,099,000.

Other hedge funds have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 10,406.6% in the second quarter. Laurel Wealth Advisors LLC now owns 22,874,397 shares of the company’s stock valued at $2,303,223,000 after purchasing an additional 22,656,682 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 3.2% during the 2nd quarter. Bank of America Corp DE now owns 10,561,368 shares of the company’s stock worth $1,063,424,000 after buying an additional 328,511 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 40.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,056,864 shares of the company’s stock worth $307,796,000 after buying an additional 884,640 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 8.7% during the 3rd quarter. Raymond James Financial Inc. now owns 2,620,250 shares of the company’s stock worth $263,859,000 after buying an additional 209,640 shares during the period. Finally, Confluence Investment Management LLC boosted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 9.7% during the 3rd quarter. Confluence Investment Management LLC now owns 2,599,958 shares of the company’s stock worth $261,816,000 after buying an additional 229,918 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of SGOV opened at $100.55 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 firm’s 50-day simple moving average is $100.52 and its 200 day simple moving average is $100.51.

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.