Fortis Capital Management LLC Invests $6.60 Million in iShares 0-3 Month Treasury Bond ETF $SGOV

Fortis Capital Management LLC purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 65,590 shares of the company’s stock, valued at approximately $6,602,000.

Several other hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC purchased a new position in iShares 0-3 Month Treasury Bond ETF in the 4th quarter valued at $4,810,000. Bison Wealth LLC raised its position in 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 buying an additional 17,409 shares during the last quarter. AQR Capital Management LLC acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the 1st quarter worth $207,000. Goldman Sachs Group Inc. acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the 1st quarter worth $810,000. Finally, Schnieders Capital Management LLC. acquired a new stake in shares of iShares 0-3 Month Treasury Bond ETF in the 2nd quarter worth $1,906,000.

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

Shares of iShares 0-3 Month Treasury Bond ETF stock opened at $100.60 on Wednesday. iShares 0-3 Month Treasury Bond ETF has a 52-week low of $100.27 and a 52-week high of $100.74. The company’s 50-day simple moving average is $100.54 and its 200-day simple moving average is $100.53.

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.