Fortis Group Advisors LLC Reduces Stock Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Fortis Group Advisors LLC reduced its stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 9.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,414 shares of the company’s stock after selling 5,721 shares during the period. iShares 0-3 Month Treasury Bond ETF makes up about 1.0% of Fortis Group Advisors LLC’s holdings, making the stock its 24th largest holding. Fortis Group Advisors LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $5,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Truist Financial Corp grew its position in shares of iShares 0-3 Month Treasury Bond ETF by 24.9% during the 3rd quarter. Truist Financial Corp now owns 427,151 shares of the company’s stock valued at $43,014,000 after purchasing an additional 85,182 shares in the last quarter. Synergy Asset Management LLC boosted its stake in iShares 0-3 Month Treasury Bond ETF by 287.0% during the third quarter. Synergy Asset Management LLC now owns 1,704,567 shares of the company’s stock valued at $171,641,000 after buying an additional 1,264,139 shares during the period. Woodmont Investment Counsel LLC grew its position in iShares 0-3 Month Treasury Bond ETF by 9.0% during the third quarter. Woodmont Investment Counsel LLC now owns 161,310 shares of the company’s stock worth $16,244,000 after buying an additional 13,302 shares in the last quarter. Founders Financial Securities LLC increased its stake in iShares 0-3 Month Treasury Bond ETF by 29.1% in the 3rd quarter. Founders Financial Securities LLC now owns 66,549 shares of the company’s stock worth $6,701,000 after acquiring an additional 15,017 shares during the last quarter. Finally, Dynamic Financial Group raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 13.6% in the 3rd 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 in the last quarter.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of SGOV opened at $100.52 on Wednesday. iShares 0-3 Month Treasury Bond ETF has a 12-month low of $100.27 and a 12-month high of $100.74. The stock has a 50-day moving average price of $100.47 and a 200-day moving average price of $100.52.

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.