iShares 0-3 Month Treasury Bond ETF $SGOV is Confluence Investment Management LLC’s Largest Position

Confluence Investment Management LLC trimmed its holdings in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 19.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,091,242 shares of the company’s stock after selling 508,716 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for about 3.1% of Confluence Investment Management LLC’s holdings, making the stock its biggest holding. Confluence Investment Management LLC owned 0.31% of iShares 0-3 Month Treasury Bond ETF worth $209,919,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SGOV. Truist Financial Corp boosted its stake in iShares 0-3 Month Treasury Bond ETF by 24.9% during the third quarter. Truist Financial Corp now owns 427,151 shares of the company’s stock worth $43,014,000 after buying an additional 85,182 shares during the last quarter. Synergy Asset Management LLC increased its stake in shares of iShares 0-3 Month Treasury Bond ETF by 287.0% in the 3rd quarter. Synergy Asset Management LLC now owns 1,704,567 shares of the company’s stock worth $171,641,000 after acquiring an additional 1,264,139 shares during the last quarter. Woodmont Investment Counsel LLC raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 9.0% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 161,310 shares of the company’s stock worth $16,244,000 after acquiring an additional 13,302 shares during the period. Founders Financial Securities LLC raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 29.1% during the 3rd quarter. Founders Financial Securities LLC now owns 66,549 shares of the company’s stock worth $6,701,000 after acquiring an additional 15,017 shares during the period. Finally, Dynamic Financial Group boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 13.6% during the 3rd quarter. Dynamic Financial Group now owns 611,051 shares of the company’s stock valued at $61,533,000 after acquiring an additional 73,074 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

Shares of SGOV opened at $100.55 on Friday. iShares 0-3 Month Treasury Bond ETF has a 12-month low of $100.27 and a 12-month high of $100.74. The firm has a 50-day moving average price of $100.52 and a 200 day moving average price of $100.51.

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.