Elm Partners Management LLC Sells 454,921 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

Elm Partners Management LLC cut its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 36.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 805,218 shares of the company’s stock after selling 454,921 shares during the quarter. iShares 0-3 Month Treasury Bond ETF accounts for 4.0% of Elm Partners Management LLC’s investment portfolio, making the stock its 8th biggest holding. Elm Partners Management LLC owned approximately 0.14% of iShares 0-3 Month Treasury Bond ETF worth $81,085,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Truist Financial Corp grew its position in iShares 0-3 Month Treasury Bond ETF by 24.9% in the third quarter. Truist Financial Corp now owns 427,151 shares of the company’s stock worth $43,014,000 after buying an additional 85,182 shares during the last quarter. Synergy Asset Management LLC grew its position in shares of iShares 0-3 Month Treasury Bond ETF by 287.0% in the third quarter. Synergy Asset Management LLC now owns 1,704,567 shares of the company’s stock valued at $171,641,000 after purchasing an additional 1,264,139 shares during the last quarter. Founders Financial Securities LLC grew its position in iShares 0-3 Month Treasury Bond ETF by 29.1% during the third quarter. Founders Financial Securities LLC now owns 66,549 shares of the company’s stock worth $6,701,000 after buying an additional 15,017 shares in the last quarter. Dynamic Financial Group increased its stake in iShares 0-3 Month Treasury Bond ETF by 13.6% during the third quarter. Dynamic Financial Group now owns 611,051 shares of the company’s stock valued at $61,533,000 after acquiring an additional 73,074 shares during the period. Finally, Bangor Savings Bank lifted its position in shares of iShares 0-3 Month Treasury Bond ETF by 28.6% in the 3rd quarter. Bangor Savings Bank now owns 264,404 shares of the company’s stock worth $26,626,000 after acquiring an additional 58,868 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Performance

SGOV opened at $100.37 on Tuesday. The stock’s 50 day simple moving average is $100.48 and its 200-day simple moving average is $100.53. iShares 0-3 Month Treasury Bond ETF has a 1 year low of $100.27 and a 1 year high of $100.74.

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.