J. M. Brown & Associates Inc. Invests $3.97 Million in iShares 0-3 Month Treasury Bond ETF $SGOV

J. M. Brown & Associates Inc. acquired a new position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 39,431 shares of the company’s stock, valued at approximately $3,970,000. iShares 0-3 Month Treasury Bond ETF makes up about 2.3% of J. M. Brown & Associates Inc.’s holdings, making the stock its 14th largest holding.

A number of other large investors have also recently added to or reduced their stakes in the business. RIA Advisory Group LLC increased its holdings in iShares 0-3 Month Treasury Bond ETF by 4.5% during the 2nd quarter. RIA Advisory Group LLC now owns 417,009 shares of the company’s stock valued at $41,980,000 after acquiring an additional 17,866 shares in the last quarter. Capital Advisors Inc. OK purchased a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the second quarter valued at about $351,000. Apollon Wealth Management LLC lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 96.7% in the second quarter. Apollon Wealth Management LLC now owns 210,320 shares of the company’s stock valued at $21,173,000 after purchasing an additional 103,373 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. grew its position in shares of iShares 0-3 Month Treasury Bond ETF by 24.9% in the second quarter. Klein Pavlis & Peasley Financial Inc. now owns 69,096 shares of the company’s stock valued at $6,956,000 after purchasing an additional 13,795 shares during the last quarter. Finally, Albion Financial Group UT grew its position in shares of iShares 0-3 Month Treasury Bond ETF by 85,291.1% in the second quarter. Albion Financial Group UT now owns 354,373 shares of the company’s stock valued at $35,675,000 after purchasing an additional 353,958 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

Shares of SGOV opened at $100.53 on Friday. The firm has a 50 day simple moving average of $100.54 and a 200-day simple moving average of $100.54. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.74.

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.