Madrona Financial Services LLC Makes New Investment in iShares 0-3 Month Treasury Bond ETF $SGOV

Madrona Financial Services LLC bought a new stake in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) during the 3rd quarter, HoldingsChannel reports. The firm bought 117,195 shares of the company’s stock, valued at approximately $11,799,000. iShares 0-3 Month Treasury Bond ETF makes up 1.8% of Madrona Financial Services LLC’s investment portfolio, making the stock its 20th largest position.

A number of other institutional investors have also bought and sold shares of SGOV. Financial Consulate Inc. acquired a new stake in iShares 0-3 Month Treasury Bond ETF during the 2nd quarter worth about $25,000. Physician Wealth Advisors Inc. acquired a new stake in iShares 0-3 Month Treasury Bond ETF during the 3rd quarter worth about $38,000. Arlington Trust Co LLC bought a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 2nd quarter worth about $43,000. Maryland Capital Advisors Inc. bought a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 3rd quarter worth about $43,000. Finally, Coston McIsaac & Partners raised its position in shares of iShares 0-3 Month Treasury Bond ETF by 44.3% in the 1st quarter. Coston McIsaac & Partners now owns 453 shares of the company’s stock worth $45,000 after acquiring an additional 139 shares in the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

Shares of NYSE:SGOV opened at $100.66 on Friday. The business’s 50-day moving average is $100.56 and its 200-day moving average is $100.55. iShares 0-3 Month Treasury Bond ETF has a 1 year low of $100.27 and a 1 year 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.