iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) Sees Large Volume Increase – What’s Next?

iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) saw strong trading volume on Friday . 3,839,479 shares traded hands during mid-day trading, a decline of 7% from the previous session’s volume of 4,119,704 shares.The stock last traded at $100.33 and had previously closed at $100.70.

iShares 0-3 Month Treasury Bond ETF Stock Up 0.1 %

The firm’s 50-day moving average price is $100.54 and its two-hundred day moving average price is $100.53.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SGOV. Strategic Financial Concepts LLC lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 7,067.0% in the second quarter. Strategic Financial Concepts LLC now owns 4,070,502 shares of the company’s stock worth $4,099,000 after buying an additional 4,013,707 shares during the last quarter. Raymond James & Associates lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 61.2% in the third quarter. Raymond James & Associates now owns 1,895,834 shares of the company’s stock worth $190,948,000 after buying an additional 719,741 shares during the last quarter. Lake Street Advisors Group LLC acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the first quarter worth $70,971,000. Cetera Investment Advisers lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 315.1% in the first quarter. Cetera Investment Advisers now owns 665,352 shares of the company’s stock worth $67,008,000 after buying an additional 505,072 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 20.0% in the second quarter. LPL Financial LLC now owns 2,893,811 shares of the company’s stock worth $291,436,000 after buying an additional 481,976 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Company Profile