Balentine LLC Buys New Stake in iShares 0-3 Month Treasury Bond ETF $SGOV

Balentine LLC bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 531,945 shares of the company’s stock, valued at approximately $53,556,000. iShares 0-3 Month Treasury Bond ETF makes up 2.0% of Balentine LLC’s portfolio, making the stock its 10th largest position.

Other institutional investors also recently added to or reduced their stakes in the company. Verus Capital Partners LLC grew its stake in shares of iShares 0-3 Month Treasury Bond ETF by 99.2% in the third quarter. Verus Capital Partners LLC now owns 13,526 shares of the company’s stock worth $1,362,000 after purchasing an additional 6,736 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 177.8% during the third quarter. Parallel Advisors LLC now owns 75,567 shares of the company’s stock valued at $7,608,000 after purchasing an additional 48,363 shares in the last quarter. Guidance Capital Inc. raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 0.6% during the third quarter. Guidance Capital Inc. now owns 15,788 shares of the company’s stock valued at $1,586,000 after purchasing an additional 100 shares in the last quarter. LiftPoint Family Wealth Advisors LLC acquired a new stake in iShares 0-3 Month Treasury Bond ETF in the third quarter worth about $567,000. Finally, Kingstone Capital Partners Texas LLC lifted its holdings in iShares 0-3 Month Treasury Bond ETF by 2.7% in the third quarter. Kingstone Capital Partners Texas LLC now owns 106,020 shares of the company’s stock worth $10,674,000 after purchasing an additional 2,754 shares during the period.

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

Shares of SGOV opened at $100.48 on Friday. The firm has a 50-day moving average price of $100.55 and a 200 day moving average price of $100.54. iShares 0-3 Month Treasury Bond ETF has a 52-week low of $100.27 and a 52-week 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.