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

J. M. Brown & Associates Inc. purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 39,431 shares of the company’s stock, valued at approximately $3,970,000. iShares 0-3 Month Treasury Bond ETF accounts for approximately 2.3% of J. M. Brown & Associates Inc.’s investment portfolio, making the stock its 14th biggest position.

Other large investors have also made changes to their positions in the company. 4WEALTH Advisors Inc. boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 0.6% during the first quarter. 4WEALTH Advisors Inc. now owns 18,280 shares of the company’s stock worth $1,840,000 after buying an additional 100 shares in the last quarter. Koshinski Asset Management Inc. grew its position in iShares 0-3 Month Treasury Bond ETF by 1.8% during the first quarter. Koshinski Asset Management Inc. now owns 6,899 shares of the company’s stock worth $694,000 after buying an additional 125 shares during the period. Greenwood Gearhart LLC increased its holdings in iShares 0-3 Month Treasury Bond ETF by 2.0% in the first quarter. Greenwood Gearhart LLC now owns 6,225 shares of the company’s stock valued at $627,000 after buying an additional 125 shares in the last quarter. Nwam LLC increased its holdings in iShares 0-3 Month Treasury Bond ETF by 1.4% in the fourth quarter. Nwam LLC now owns 9,938 shares of the company’s stock valued at $1,000,000 after buying an additional 138 shares in the last quarter. Finally, Coston McIsaac & Partners increased its holdings in iShares 0-3 Month Treasury Bond ETF by 44.3% in the first quarter. Coston McIsaac & Partners now owns 453 shares of the company’s stock valued at $45,000 after buying an additional 139 shares in the last quarter.

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

SGOV stock opened at $100.53 on Friday. The firm has a 50 day moving average of $100.54 and a 200-day moving average of $100.54. iShares 0-3 Month Treasury Bond ETF has a 12-month low of $100.27 and a 12-month 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.