Ridgepath Capital Management LLC cut its stake in iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV – Free Report) by 92.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 23,886 shares of the company’s stock after selling 298,900 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for 1.3% of Ridgepath Capital Management LLC’s portfolio, making the stock its 17th biggest position. Ridgepath Capital Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $2,405,000 at the end of the most recent reporting period.
Several other hedge funds also recently modified their holdings of SGOV. Bank of America Corp DE increased its position in iShares 0-3 Month Treasury Bond ETF by 13.2% in the 1st quarter. Bank of America Corp DE now owns 12,170,491 shares of the company’s stock valued at $1,225,082,000 after buying an additional 1,420,276 shares in the last quarter. Peavine Capital LLC purchased a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the 3rd quarter worth approximately $135,022,000. Confluence Investment Management LLC raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 59.0% in the second quarter. Confluence Investment Management LLC now owns 2,788,012 shares of the company’s stock valued at $280,669,000 after buying an additional 1,034,498 shares during the period. Vise Technologies Inc. purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the third quarter valued at about $86,535,000. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the third quarter valued at approximately $72,792,000.
iShares 0-3 Month Treasury Bond ETF Stock Performance
Shares of SGOV stock opened at $100.73 on Monday. The firm’s 50 day moving average is $100.57 and its 200 day moving average is $100.55. iShares 0-3 Month Treasury Bond ETF has a 12 month low of $100.27 and a 12 month high of $100.74.
iShares 0-3 Month Treasury Bond ETF 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.
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Want to see what other hedge funds are holding SGOV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 0-3 Month Treasury Bond ETF (NYSE:SGOV – Free Report).
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