Sage Rhino Capital LLC Trims Position in iShares 0-3 Month Treasury Bond ETF $SGOV

Sage Rhino Capital LLC cut its position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 20.2% in the first quarter, HoldingsChannel reports. The firm owned 42,523 shares of the company’s stock after selling 10,775 shares during the period. Sage Rhino Capital LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $4,280,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Axxcess Wealth Management LLC grew its stake in iShares 0-3 Month Treasury Bond ETF by 379.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 3,256,065 shares of the company’s stock valued at $326,844,000 after purchasing an additional 2,576,728 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in shares of iShares 0-3 Month Treasury Bond ETF by 129.3% during the fourth quarter. CIBC Private Wealth Group LLC now owns 4,141,877 shares of the company’s stock worth $415,762,000 after buying an additional 2,335,616 shares during the period. Cerity Partners LLC grew its stake in iShares 0-3 Month Treasury Bond ETF by 111.8% during the 4th quarter. Cerity Partners LLC now owns 3,943,067 shares of the company’s stock valued at $395,805,000 after purchasing an additional 2,081,395 shares during the last quarter. Robinhood Asset Management LLC acquired a new position in shares of iShares 0-3 Month Treasury Bond ETF in the fourth quarter valued at about $177,740,000. Finally, Westerkirk Capital Inc. acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the fourth quarter worth about $152,955,000.

iShares 0-3 Month Treasury Bond ETF Price Performance

NYSEARCA SGOV traded up $0.02 during trading hours on Tuesday, reaching $100.46. The stock had a trading volume of 7,888,034 shares, compared to its average volume of 19,172,045. iShares 0-3 Month Treasury Bond ETF has a 52-week low of $100.27 and a 52-week high of $100.74. The stock has a fifty day moving average of $100.55 and a 200 day moving average of $100.52.

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.