Sequoia Financial Advisors LLC Trims Stock Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Sequoia Financial Advisors LLC trimmed its holdings in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 46.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 519,482 shares of the company’s stock after selling 445,500 shares during the period. Sequoia Financial Advisors LLC owned approximately 0.06% of iShares 0-3 Month Treasury Bond ETF worth $52,291,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Axxcess Wealth Management LLC grew its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 379.3% during the fourth quarter. Axxcess Wealth Management LLC now owns 3,256,065 shares of the company’s stock worth $326,844,000 after purchasing an additional 2,576,728 shares in the last quarter. CIBC Private Wealth Group LLC boosted its stake in iShares 0-3 Month Treasury Bond ETF by 129.3% in the fourth quarter. CIBC Private Wealth Group LLC now owns 4,141,877 shares of the company’s stock worth $415,762,000 after buying an additional 2,335,616 shares in the last quarter. Cerity Partners LLC raised its stake in shares of iShares 0-3 Month Treasury Bond ETF by 111.8% during the fourth quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock worth $395,805,000 after acquiring an additional 2,081,395 shares in the last quarter. Robinhood Asset Management LLC purchased a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the 4th quarter valued at $177,740,000. Finally, Westerkirk Capital Inc. purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF in the fourth quarter worth about $152,955,000.

iShares 0-3 Month Treasury Bond ETF Price Performance

Shares of iShares 0-3 Month Treasury Bond ETF stock traded up $0.02 during midday trading on Friday, reaching $100.50. 15,469,336 shares of the company’s stock traded hands, compared to its average volume of 19,209,121. The stock has a 50 day moving average of $100.53 and a 200-day moving average of $100.52. 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.