Smithfield Trust Co Raises Stock Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Smithfield Trust Co increased its stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 11.8% during the 4th quarter, HoldingsChannel reports. The firm owned 449,958 shares of the company’s stock after buying an additional 47,502 shares during the period. iShares 0-3 Month Treasury Bond ETF comprises 2.0% of Smithfield Trust Co’s holdings, making the stock its 15th largest position. Smithfield Trust Co’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $45,177,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Madison Wealth Partners Inc boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 3.4% in the third quarter. Madison Wealth Partners Inc now owns 3,096 shares of the company’s stock worth $312,000 after purchasing an additional 103 shares during the last quarter. Advisory Alpha LLC boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 1.3% in the third quarter. Advisory Alpha LLC now owns 9,207 shares of the company’s stock worth $924,000 after purchasing an additional 115 shares during the last quarter. IFG Advisory LLC raised its position in iShares 0-3 Month Treasury Bond ETF by 1.4% in the third quarter. IFG Advisory LLC now owns 9,186 shares of the company’s stock worth $925,000 after acquiring an additional 123 shares during the period. Weaver Consulting Group raised its position in iShares 0-3 Month Treasury Bond ETF by 3.6% in the third quarter. Weaver Consulting Group now owns 4,018 shares of the company’s stock worth $405,000 after acquiring an additional 138 shares during the period. Finally, Nwam LLC raised its position in iShares 0-3 Month Treasury Bond ETF by 1.4% in the fourth quarter. Nwam LLC now owns 9,938 shares of the company’s stock worth $1,000,000 after acquiring an additional 138 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Performance

SGOV opened at $100.63 on Tuesday. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.74. The firm’s 50 day simple moving average is $100.55 and its two-hundred day simple moving average is $100.51.

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.