Ridgepath Capital Management LLC Decreases Stock Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Ridgepath Capital Management LLC lowered its stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 71.9% in the first quarter, HoldingsChannel.com reports. The firm owned 181,832 shares of the company’s stock after selling 465,761 shares during the quarter. iShares 0-3 Month Treasury Bond ETF comprises 9.1% of Ridgepath Capital Management LLC’s investment portfolio, making the stock its 3rd largest position. Ridgepath Capital Management LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $18,303,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SGOV. Wealth Watch Advisors INC acquired a new position in iShares 0-3 Month Treasury Bond ETF during the 4th quarter worth $25,000. Coston McIsaac & Partners acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the 4th quarter valued at $31,000. Smartleaf Asset Management LLC raised its position in shares of iShares 0-3 Month Treasury Bond ETF by 562.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 331 shares of the company’s stock worth $33,000 after acquiring an additional 281 shares during the last quarter. BOKF NA bought a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the third quarter worth $41,000. Finally, Fifth Third Bancorp lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 4,890.0% during the fourth quarter. Fifth Third Bancorp now owns 499 shares of the company’s stock valued at $50,000 after acquiring an additional 489 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Up 0.0%

Shares of SGOV opened at $100.59 on Tuesday. The stock’s fifty day simple moving average is $100.54 and its 200-day simple moving average is $100.53. 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 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.