Parallel Advisors LLC Grows Stock Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Parallel Advisors LLC grew its position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 60.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 28,839 shares of the company’s stock after acquiring an additional 10,893 shares during the period. Parallel Advisors LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $2,903,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Axxcess Wealth Management LLC boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 379.3% during the 4th 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 period. CIBC Private Wealth Group LLC boosted its stake 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 during the period. Cerity Partners LLC grew 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. Westerkirk Capital Inc. acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF in the fourth quarter valued at approximately $152,955,000. Finally, Bank of America Corp DE grew its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 13.2% in the first quarter. Bank of America Corp DE now owns 12,170,491 shares of the company’s stock valued at $1,225,082,000 after purchasing an additional 1,420,276 shares in the last quarter.

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

Shares of SGOV opened at $100.46 on Friday. iShares 0-3 Month Treasury Bond ETF has a fifty-two week low of $100.27 and a fifty-two week high of $100.74. The firm’s 50 day moving average price is $100.54 and its 200 day moving average price is $100.54.

iShares 0-3 Month Treasury Bond ETF 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.