SVB Wealth LLC Sells 20,048 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

SVB Wealth LLC cut its holdings in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 26.9% in the fourth quarter, Holdings Channel reports. The fund owned 54,577 shares of the company’s stock after selling 20,048 shares during the quarter. SVB Wealth LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $5,478,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in SGOV. Dynamic Wealth Strategies LLC raised its stake in iShares 0-3 Month Treasury Bond ETF by 22.9% in the fourth quarter. Dynamic Wealth Strategies LLC now owns 121,034 shares of the company’s stock worth $12,149,000 after buying an additional 22,536 shares in the last quarter. Nwam LLC increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 1.4% in the 4th quarter. Nwam LLC now owns 9,938 shares of the company’s stock valued at $1,000,000 after acquiring an additional 138 shares during the period. Leicht Financial Planning & Wealth Management Inc. increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 31.8% in the 4th quarter. Leicht Financial Planning & Wealth Management Inc. now owns 41,617 shares of the company’s stock valued at $4,178,000 after acquiring an additional 10,048 shares during the period. Advisor OS LLC raised its position in shares of iShares 0-3 Month Treasury Bond ETF by 79.9% in the 4th quarter. Advisor OS LLC now owns 5,208 shares of the company’s stock worth $523,000 after acquiring an additional 2,313 shares in the last quarter. Finally, NewEdge Wealth LLC lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 15.4% during the 4th quarter. NewEdge Wealth LLC now owns 12,833 shares of the company’s stock worth $1,288,000 after purchasing an additional 1,712 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

Shares of SGOV stock opened at $100.48 on Monday. The stock’s 50-day moving average is $100.53 and its 200 day moving average is $100.52. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.74.

About iShares 0-3 Month Treasury Bond ETF

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.