iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) saw an uptick in trading volume on Monday . 3,099,121 shares were traded during mid-day trading, a decline of 52% from the previous session’s volume of 6,516,359 shares.The stock last traded at $100.58 and had previously closed at $100.57.

iShares 0-3 Month Treasury Bond ETF Stock Performance

The business’s fifty day moving average price is $100.50 and its 200-day moving average price is $100.48.

Institutional Investors Weigh In On iShares 0-3 Month Treasury Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF during the third quarter valued at approximately $1,006,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the third quarter worth $361,000. Destination Wealth Management increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 1.5% during the third quarter. Destination Wealth Management now owns 61,458 shares of the company’s stock valued at $6,190,000 after acquiring an additional 913 shares in the last quarter. Tidal Investments LLC boosted its stake in iShares 0-3 Month Treasury Bond ETF by 91.2% in the 3rd quarter. Tidal Investments LLC now owns 64,674 shares of the company’s stock worth $6,488,000 after purchasing an additional 30,852 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its holdings in iShares 0-3 Month Treasury Bond ETF by 16.9% in the third quarter. Peapack Gladstone Financial Corp now owns 702,509 shares of the company’s stock worth $70,757,000 after buying an additional 101,790 shares during the last quarter.

About iShares 0-3 Month Treasury Bond ETF