Friedenthal Financial Makes New $6.21 Million Investment in iShares 0-3 Month Treasury Bond ETF $SGOV

Friedenthal Financial purchased a new stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 61,740 shares of the company’s stock, valued at approximately $6,215,000. iShares 0-3 Month Treasury Bond ETF comprises approximately 3.1% of Friedenthal Financial’s holdings, making the stock its 4th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in SGOV. Axxcess Wealth Management LLC boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 379.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 3,256,065 shares of the company’s stock valued at $326,844,000 after acquiring an additional 2,576,728 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in iShares 0-3 Month Treasury Bond ETF by 129.3% during the 4th 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 during the period. Cerity Partners LLC raised its holdings in iShares 0-3 Month Treasury Bond ETF by 111.8% during the 4th quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock worth $395,805,000 after purchasing an additional 2,081,395 shares during the last quarter. Robinhood Asset Management LLC bought a new position in iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth approximately $177,740,000. Finally, Westerkirk Capital Inc. acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 4th quarter worth approximately $152,955,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of NYSEARCA SGOV opened at $100.62 on Thursday. The company’s 50 day moving average price is $100.55 and its 200-day moving average price is $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.