Sovran Advisors LLC Increases Stake in iShares 0-3 Month Treasury Bond ETF $SGOV

Sovran Advisors LLC grew its position in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 244.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 10,716 shares of the company’s stock after purchasing an additional 7,604 shares during the quarter. Sovran Advisors LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $1,077,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Webster Bank N. A. purchased a new stake in shares of iShares 0-3 Month Treasury Bond ETF during the third quarter valued at approximately $30,000. Jones Financial Companies Lllp lifted its position in iShares 0-3 Month Treasury Bond ETF by 1,241.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 389 shares of the company’s stock valued at $39,000 after acquiring an additional 360 shares in the last quarter. BOKF NA bought a new position in iShares 0-3 Month Treasury Bond ETF in the 3rd quarter valued at approximately $41,000. Clayton Financial Group LLC purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the 3rd quarter valued at $60,000. Finally, Delta Asset Management LLC TN purchased a new stake in iShares 0-3 Month Treasury Bond ETF during the 3rd quarter valued at $63,000.

iShares 0-3 Month Treasury Bond ETF Price Performance

iShares 0-3 Month Treasury Bond ETF stock opened at $100.43 on Monday. iShares 0-3 Month Treasury Bond ETF has a 12 month low of $100.27 and a 12 month high of $100.74. The stock has a fifty day simple moving average of $100.52 and a two-hundred day simple 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.