Bangor Savings Bank Lowers Stock Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Bangor Savings Bank cut its position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 2.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 259,127 shares of the company’s stock after selling 5,277 shares during the quarter. iShares 0-3 Month Treasury Bond ETF accounts for 2.1% of Bangor Savings Bank’s holdings, making the stock its 13th largest holding. Bangor Savings Bank’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $26,011,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Aaron Wealth Advisors LLC purchased a new position in iShares 0-3 Month Treasury Bond ETF during the 3rd quarter valued at about $166,116,000. GM Advisory Group LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 112.2% during the third quarter. GM Advisory Group LLC now owns 2,569,599 shares of the company’s stock worth $258,759,000 after purchasing an additional 1,358,619 shares during the period. Cerity Partners LLC lifted its position in shares of iShares 0-3 Month Treasury Bond ETF by 110.4% during the second quarter. Cerity Partners LLC now owns 2,473,988 shares of the company’s stock worth $249,106,000 after purchasing an additional 1,298,316 shares in the last quarter. Synergy Asset Management LLC lifted its position in shares of iShares 0-3 Month Treasury Bond ETF by 287.0% during the third quarter. Synergy Asset Management LLC now owns 1,704,567 shares of the company’s stock worth $171,641,000 after purchasing an additional 1,264,139 shares in the last quarter. Finally, Aristotle Capital Management LLC purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF in the third quarter valued at approximately $100,328,000.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of SGOV stock opened at $100.39 on Thursday. The company has a 50 day moving average price of $100.53 and a 200 day moving average price of $100.52. 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.

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.