Maridea Wealth Management LLC Reduces Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Maridea Wealth Management LLC trimmed its holdings in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 14.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 107,858 shares of the company’s stock after selling 18,592 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for about 1.6% of Maridea Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. Maridea Wealth Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $10,857,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Crown Wealth Group LLC raised its stake in iShares 0-3 Month Treasury Bond ETF by 34.6% in the 1st quarter. Crown Wealth Group LLC now owns 146,465 shares of the company’s stock valued at $14,743,000 after acquiring an additional 37,677 shares during the period. Next Level Wealth Planning LLC bought a new position in iShares 0-3 Month Treasury Bond ETF during the first quarter worth $3,564,000. Clarus Group Inc. bought a new position in iShares 0-3 Month Treasury Bond ETF during the first quarter worth $3,277,000. J2 Capital Management Inc boosted its position in iShares 0-3 Month Treasury Bond ETF by 61.2% during the first quarter. J2 Capital Management Inc now owns 117,291 shares of the company’s stock worth $11,807,000 after purchasing an additional 44,523 shares during the period. Finally, GHP Investment Advisors Inc. increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 5.8% in the first quarter. GHP Investment Advisors Inc. now owns 8,629 shares of the company’s stock valued at $869,000 after purchasing an additional 474 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

Shares of SGOV opened at $100.65 on Friday. The company’s 50-day moving average is $100.55 and its 200-day moving average is $100.51. 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.