Northwestern Mutual Wealth Management Co. Reduces Stock Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Northwestern Mutual Wealth Management Co. decreased its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 5.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,136,034 shares of the company’s stock after selling 68,999 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.16% of iShares 0-3 Month Treasury Bond ETF worth $114,035,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Savant Capital LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 59.7% in the fourth quarter. Savant Capital LLC now owns 304,662 shares of the company’s stock worth $30,582,000 after purchasing an additional 113,928 shares during the period. Foundations Investment Advisors LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 75.1% in the 4th quarter. Foundations Investment Advisors LLC now owns 89,783 shares of the company’s stock worth $9,012,000 after buying an additional 38,506 shares during the period. Godfrey Financial Associates Inc. purchased a new position in iShares 0-3 Month Treasury Bond ETF in the 4th quarter worth about $50,000. IFG Advisory LLC lifted its holdings in iShares 0-3 Month Treasury Bond ETF by 16.2% during the 4th quarter. IFG Advisory LLC now owns 10,675 shares of the company’s stock valued at $1,072,000 after buying an additional 1,489 shares in the last quarter. Finally, Texas Capital Bank Wealth Management Services Inc bought a new stake in iShares 0-3 Month Treasury Bond ETF during the 4th quarter valued at about $881,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of SGOV stock opened at $100.67 on Friday. The company’s 50-day simple moving average is $100.56 and its two-hundred day simple moving average is $100.52. iShares 0-3 Month Treasury Bond ETF has a one year low of $100.27 and a one year 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.