Navigate Wealth Management LLC Acquires New Stake in iShares 0-3 Month Treasury Bond ETF $SGOV

Navigate Wealth Management LLC bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 212,185 shares of the company’s stock, valued at approximately $21,327,000. iShares 0-3 Month Treasury Bond ETF comprises approximately 12.9% of Navigate Wealth Management LLC’s portfolio, making the stock its largest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE increased its position in shares of iShares 0-3 Month Treasury Bond ETF by 13.2% during the first quarter. Bank of America Corp DE now owns 12,170,491 shares of the company’s stock worth $1,225,082,000 after purchasing an additional 1,420,276 shares in the last quarter. Peavine Capital LLC acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the 3rd quarter worth $135,022,000. Confluence Investment Management LLC boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 59.0% in 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. CX Institutional grew its stake in iShares 0-3 Month Treasury Bond ETF by 60.9% during the 2nd quarter. CX Institutional now owns 1,847,279 shares of the company’s stock worth $185,966,000 after buying an additional 699,472 shares during the last quarter. Finally, Evolve Private Wealth LLC purchased a new position in iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth $65,732,000.

iShares 0-3 Month Treasury Bond ETF Trading Up 0.0%

NYSE:SGOV traded up $0.01 during mid-day trading on Wednesday, hitting $100.53. 14,175,488 shares of the company’s stock traded hands, compared to its average volume of 19,710,357. The company has a fifty day moving average of $100.54 and a 200 day moving average of $100.55. 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.