Briggs Wealth Management Inc Takes Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Briggs Wealth Management Inc bought a new stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the 4th quarter, HoldingsChannel.com reports. The fund bought 14,941 shares of the company’s stock, valued at approximately $1,500,000. iShares 0-3 Month Treasury Bond ETF comprises 1.6% of Briggs Wealth Management Inc’s portfolio, making the stock its 9th largest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SGOV. Axxcess Wealth Management LLC lifted its position 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 worth $326,844,000 after acquiring an additional 2,576,728 shares during the period. CIBC Private Wealth Group LLC increased its holdings 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 increased 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 during the period. Robinhood Asset Management LLC acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF in the fourth quarter valued at about $177,740,000. Finally, Westerkirk Capital Inc. purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF in the fourth quarter worth about $152,955,000.

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

iShares 0-3 Month Treasury Bond ETF stock opened at $100.59 on Friday. 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 has a 50-day moving average price of $100.54 and a 200 day moving average price of $100.51.

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.