Sequoia Financial Advisors LLC Sells 445,500 Shares of iShares 0-3 Month Treasury Bond ETF $SGOV

Sequoia Financial Advisors LLC lowered its holdings in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 46.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 519,482 shares of the company’s stock after selling 445,500 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $52,291,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC bought a new position in shares of iShares 0-3 Month Treasury Bond ETF during the 4th quarter valued at about $4,810,000. Bison Wealth LLC raised its holdings in shares of iShares 0-3 Month Treasury Bond ETF by 161.2% during the 4th quarter. Bison Wealth LLC now owns 28,209 shares of the company’s stock worth $2,830,000 after acquiring an additional 17,409 shares in the last quarter. AQR Capital Management LLC bought a new stake in iShares 0-3 Month Treasury Bond ETF in the first quarter worth $207,000. Goldman Sachs Group Inc. purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF in the 1st quarter worth $810,000. Finally, Schnieders Capital Management LLC. purchased a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the 2nd quarter valued at about $1,906,000.

iShares 0-3 Month Treasury Bond ETF Price Performance

Shares of NYSEARCA:SGOV traded up $0.02 during trading on Friday, hitting $100.50. The company had a trading volume of 15,469,336 shares, compared to its average volume of 19,209,121. The company has a fifty day simple moving average of $100.53 and a two-hundred day simple moving average of $100.52. iShares 0-3 Month Treasury Bond ETF has a one year low of $100.27 and a one year high of $100.74.

iShares 0-3 Month Treasury Bond ETF 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.