iShares 0-3 Month Treasury Bond ETF $SGOV Stock Position Trimmed by Potomac Fund Management Inc. ADV

Potomac Fund Management Inc. ADV lessened its stake in shares of iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 90.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 855,521 shares of the company’s stock after selling 8,498,548 shares during the quarter. iShares 0-3 Month Treasury Bond ETF makes up approximately 3.2% of Potomac Fund Management Inc. ADV’s investment portfolio, making the stock its 3rd biggest holding. Potomac Fund Management Inc. ADV’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $85,877,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of SGOV. Coston McIsaac & Partners purchased a new stake in iShares 0-3 Month Treasury Bond ETF in the 4th quarter worth about $31,000. Smartleaf Asset Management LLC boosted 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 valued at $33,000 after buying an additional 281 shares during the period. Jones Financial Companies Lllp boosted its position in shares of iShares 0-3 Month Treasury Bond ETF by 1,241.4% during the third quarter. Jones Financial Companies Lllp now owns 389 shares of the company’s stock valued at $39,000 after buying an additional 360 shares during the period. BOKF NA purchased a new position in shares of iShares 0-3 Month Treasury Bond ETF during the third quarter valued at approximately $41,000. Finally, Fifth Third Bancorp boosted its position 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 buying an additional 489 shares during the period.

iShares 0-3 Month Treasury Bond ETF Stock Performance

Shares of NYSEARCA:SGOV opened at $100.51 on Monday. iShares 0-3 Month Treasury Bond ETF has a 1 year low of $100.27 and a 1 year high of $100.74. The business has a 50 day simple moving average of $100.53 and a two-hundred day simple moving average of $100.51.

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.