Advisors Capital Management LLC Sells 223,757 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

Advisors Capital Management LLC lessened its holdings in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 24.0% during the third quarter, HoldingsChannel.com reports. The firm owned 707,230 shares of the company’s stock after selling 223,757 shares during the period. iShares 0-3 Month Treasury Bond ETF accounts for 0.9% of Advisors Capital Management LLC’s portfolio, making the stock its 27th biggest position. Advisors Capital Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $71,218,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SGOV. Brighton Jones LLC bought a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 4th quarter valued at about $4,810,000. Bison Wealth LLC grew its stake in iShares 0-3 Month Treasury Bond ETF by 161.2% in the fourth quarter. Bison Wealth LLC now owns 28,209 shares of the company’s stock valued at $2,830,000 after purchasing an additional 17,409 shares in the last quarter. AQR Capital Management LLC acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 1st quarter worth approximately $207,000. Goldman Sachs Group Inc. bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the 1st quarter worth approximately $810,000. Finally, Koshinski Asset Management Inc. raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 82.7% during the 2nd quarter. Koshinski Asset Management Inc. now owns 4,062 shares of the company’s stock worth $409,000 after purchasing an additional 1,839 shares in the last quarter.

iShares 0-3 Month Treasury Bond ETF Price Performance

NYSEARCA:SGOV opened at $100.52 on Wednesday. iShares 0-3 Month Treasury Bond ETF has a 1-year low of $100.27 and a 1-year high of $100.74. The firm has a fifty day simple moving average of $100.47 and a 200 day simple moving average of $100.52.

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.