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

Sequoia Financial Advisors LLC raised its stake in iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV) by 67.8% in the third quarter, HoldingsChannel reports. The fund owned 1,076,919 shares of the company’s stock after purchasing an additional 435,021 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares 0-3 Month Treasury Bond ETF were worth $108,446,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in SGOV. Synergy Asset Management LLC increased its position in shares of iShares 0-3 Month Treasury Bond ETF by 287.0% during the third quarter. Synergy Asset Management LLC now owns 1,704,567 shares of the company’s stock worth $171,641,000 after purchasing an additional 1,264,139 shares in the last quarter. Founders Financial Securities LLC raised its position in shares of iShares 0-3 Month Treasury Bond ETF by 29.1% in the third quarter. Founders Financial Securities LLC now owns 66,549 shares of the company’s stock valued at $6,701,000 after buying an additional 15,017 shares during the last quarter. Armstrong Advisory Group Inc. boosted its position in iShares 0-3 Month Treasury Bond ETF by 43.0% during the third quarter. Armstrong Advisory Group Inc. now owns 41,562 shares of the company’s stock worth $4,185,000 after acquiring an additional 12,497 shares during the last quarter. Bangor Savings Bank grew its stake in iShares 0-3 Month Treasury Bond ETF by 28.6% during the 3rd quarter. Bangor Savings Bank now owns 264,404 shares of the company’s stock valued at $26,626,000 after acquiring an additional 58,868 shares in the last quarter. Finally, D.A. Davidson & CO. grew its stake in iShares 0-3 Month Treasury Bond ETF by 7.6% during the 3rd quarter. D.A. Davidson & CO. now owns 546,955 shares of the company’s stock valued at $55,078,000 after acquiring an additional 38,768 shares in the last quarter.

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

SGOV stock opened at $100.56 on Friday. The firm has a 50-day moving average of $100.47 and a two-hundred day moving average of $100.52. iShares 0-3 Month Treasury Bond ETF has a 12 month low of $100.27 and a 12 month high of $100.74.

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.