Advisors Capital Management LLC Trims Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Advisors Capital Management LLC lowered its stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 52.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 338,462 shares of the company’s stock after selling 368,768 shares during the quarter. Advisors Capital Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $33,975,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Golden State Equity Partners raised its stake in iShares 0-3 Month Treasury Bond ETF by 10.4% during the fourth quarter. Golden State Equity Partners now owns 33,056 shares of the company’s stock valued at $3,318,000 after buying an additional 3,103 shares in the last quarter. Brickley Wealth Management bought a new position in iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth approximately $679,000. Courier Capital LLC grew its position in shares of iShares 0-3 Month Treasury Bond ETF by 48.3% in the 4th quarter. Courier Capital LLC now owns 106,271 shares of the company’s stock worth $10,667,000 after acquiring an additional 34,620 shares in the last quarter. True Link Financial Advisors LLC increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 2.2% in the 4th quarter. True Link Financial Advisors LLC now owns 32,549 shares of the company’s stock valued at $3,267,000 after acquiring an additional 714 shares during the last quarter. Finally, Pinion Investment Advisors LLC increased its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 25.0% in the 4th quarter. Pinion Investment Advisors LLC now owns 65,349 shares of the company’s stock valued at $6,560,000 after acquiring an additional 13,069 shares during the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

SGOV stock opened at $100.64 on Friday. The stock’s 50 day simple moving average is $100.53 and its 200 day simple moving average is $100.51. 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 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.