Gibraltar Capital Management Inc. Trims Holdings in iShares 0-3 Month Treasury Bond ETF $SGOV

Gibraltar Capital Management Inc. reduced its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 18.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 136,922 shares of the company’s stock after selling 31,019 shares during the period. iShares 0-3 Month Treasury Bond ETF comprises 2.3% of Gibraltar Capital Management Inc.’s investment portfolio, making the stock its 7th largest holding. Gibraltar Capital Management Inc.’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $13,744,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Webster Bank N. A. bought a new stake in iShares 0-3 Month Treasury Bond ETF in the third quarter valued at approximately $30,000. Jones Financial Companies Lllp boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 1,241.4% in the third quarter. Jones Financial Companies Lllp now owns 389 shares of the company’s stock valued at $39,000 after acquiring an additional 360 shares during the last quarter. BOKF NA bought a new stake in iShares 0-3 Month Treasury Bond ETF in the third quarter valued at approximately $41,000. Fifth Third Bancorp boosted its holdings in iShares 0-3 Month Treasury Bond ETF by 4,890.0% in 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 last quarter. Finally, Barrett & Company Inc. bought a new stake in iShares 0-3 Month Treasury Bond ETF in the fourth quarter valued at approximately $51,000.

iShares 0-3 Month Treasury Bond ETF Trading Down 0.3%

Shares of SGOV stock opened at $100.41 on Friday. The business’s 50 day simple moving average is $100.54 and its 200 day simple moving average is $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 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.