Koa Wealth Management LLC Increases Stake in iShares 0-3 Month Treasury Bond ETF $SGOV

Koa Wealth Management LLC lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 39.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,255 shares of the company’s stock after acquiring an additional 30,457 shares during the period. iShares 0-3 Month Treasury Bond ETF makes up about 7.9% of Koa Wealth Management LLC’s investment portfolio, making the stock its 3rd largest holding. Koa Wealth Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $10,897,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SGOV. Bank of America Corp DE boosted its stake in iShares 0-3 Month Treasury Bond ETF by 3.2% in 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 purchasing an additional 328,511 shares during the period. LPL Financial LLC raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 11.4% in the 4th quarter. LPL Financial LLC now owns 8,796,355 shares of the company’s stock valued at $882,978,000 after purchasing an additional 896,804 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 129.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,141,877 shares of the company’s stock valued at $415,762,000 after purchasing an additional 2,335,616 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 111.8% in the fourth quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock valued at $395,805,000 after purchasing an additional 2,081,395 shares in the last quarter. Finally, Axxcess Wealth Management LLC boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 379.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 3,256,065 shares of the company’s stock worth $326,844,000 after buying an additional 2,576,728 shares during the period.

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

NYSEARCA:SGOV opened at $100.46 on Wednesday. The stock has a 50-day simple moving average of $100.54 and a 200 day simple moving average of $100.51. iShares 0-3 Month Treasury Bond ETF has a 52-week low of $100.27 and a 52-week high of $100.74.

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.