SVRN Asset Management LLC Takes $6.78 Million Position in iShares 0-3 Month Treasury Bond ETF $SGOV

SVRN Asset Management LLC acquired a new stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 67,575 shares of the company’s stock, valued at approximately $6,783,000. iShares 0-3 Month Treasury Bond ETF accounts for 5.6% of SVRN Asset Management LLC’s portfolio, making the stock its 6th largest position.

A number of other hedge funds have also recently modified their holdings of SGOV. Madison Wealth Partners Inc grew its stake in shares of 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 valued at $312,000 after buying an additional 103 shares in the last quarter. Advisory Alpha LLC grew its stake in shares of 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 valued at $924,000 after buying an additional 115 shares in the last quarter. IFG Advisory LLC grew its stake in shares of 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 valued at $925,000 after buying an additional 123 shares in the last quarter. Weaver Consulting Group grew its stake in shares of 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 valued at $405,000 after buying an additional 138 shares in the last quarter. Finally, Nwam LLC grew its stake in shares of 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 valued at $1,000,000 after buying an additional 138 shares in the last quarter.

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

Shares of NYSEARCA SGOV opened at $100.51 on Friday. iShares 0-3 Month Treasury Bond ETF has a twelve month low of $100.27 and a twelve month high of $100.74. The stock has a fifty day simple moving average of $100.53 and a 200-day simple moving average of $100.51.

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.