iShares 0-3 Month Treasury Bond ETF $SGOV Shares Sold by CX Institutional

CX Institutional trimmed its position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 7.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,427,133 shares of the company’s stock after selling 118,655 shares during the period. iShares 0-3 Month Treasury Bond ETF comprises about 4.4% of CX Institutional’s investment portfolio, making the stock its largest position. CX Institutional owned about 0.24% of iShares 0-3 Month Treasury Bond ETF worth $143,712,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of SGOV. Grove Bank & Trust purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF during the second quarter valued at approximately $40,000. Crewe Advisors LLC purchased a new stake in iShares 0-3 Month Treasury Bond ETF in the 2nd quarter worth approximately $57,000. Clayton Financial Group LLC acquired a new position in iShares 0-3 Month Treasury Bond ETF in the 3rd quarter valued at $60,000. Ameriflex Group Inc. lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 396.8% during the 2nd quarter. Ameriflex Group Inc. now owns 626 shares of the company’s stock worth $63,000 after purchasing an additional 500 shares during the period. Finally, Clarity Asset Management Inc. purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 2nd quarter worth $72,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

SGOV stock opened at $100.43 on Wednesday. iShares 0-3 Month Treasury Bond ETF has a 52-week low of $100.27 and a 52-week high of $100.74. The stock’s fifty day simple moving average is $100.48 and its 200-day simple moving average is $100.53.

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.