Cornerstone Advisors Asset Management LLC Cuts Stock Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Cornerstone Advisors Asset Management LLC reduced its holdings in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 98.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 169,768 shares of the company’s stock after selling 10,100,703 shares during the quarter. iShares 0-3 Month Treasury Bond ETF accounts for about 3.0% of Cornerstone Advisors Asset Management LLC’s investment portfolio, making the stock its 9th largest holding. Cornerstone Advisors Asset Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $17,096,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the stock. Weaver Consulting Group grew its holdings in iShares 0-3 Month Treasury Bond ETF by 2.7% in the second quarter. Weaver Consulting Group now owns 3,880 shares of the company’s stock worth $391,000 after purchasing an additional 102 shares during the period. 4WEALTH Advisors Inc. lifted its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 0.6% during the 2nd quarter. 4WEALTH Advisors Inc. now owns 18,957 shares of the company’s stock valued at $1,909,000 after buying an additional 107 shares during the period. Dagco Inc. boosted its position in iShares 0-3 Month Treasury Bond ETF by 15.8% in the third quarter. Dagco Inc. now owns 808 shares of the company’s stock worth $81,000 after purchasing an additional 110 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in iShares 0-3 Month Treasury Bond ETF by 0.8% during the second quarter. EverSource Wealth Advisors LLC now owns 15,774 shares of the company’s stock valued at $1,588,000 after buying an additional 132 shares during the period. Finally, Rossby Financial LCC raised its holdings in iShares 0-3 Month Treasury Bond ETF by 15.2% in the 2nd quarter. Rossby Financial LCC now owns 1,158 shares of the company’s stock worth $117,000 after purchasing an additional 153 shares during the period.

iShares 0-3 Month Treasury Bond ETF Trading Down 0.3%

Shares of NYSEARCA:SGOV opened at $100.37 on Tuesday. iShares 0-3 Month Treasury Bond ETF has a 12-month low of $100.27 and a 12-month high of $100.74. The stock has a 50 day moving average of $100.48 and a 200 day moving average of $100.53.

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.